The print magazines that Propertyfinder acquired when it bought Hot Property have been closed, after advertising fell off.
The publications are London Property News, a monthly, plus two weeklies, Hot Property and Renting.
The titles primarily listed agents’ properties on the market, with some editorial.
Gillian Kent, chief executive of Propertyfinder, said: “The internet is the undisputed future of property advertising. We have seen an accelerated shift to online advertising in these difficult markets. We have therefore decided to cease publication of our print titles and focus on our core online property advertising business.”
Property magazines close as advertising slumps
27 April 2009
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