Trinity Mirror announces £3.3m sale of property websites to Zoopla
Trinity Mirror has sold its digital property division, owner of SmartNewHomes.co.uk, Email4Property.co.uk, HomesOverseas.co.uk and Zoomf.com to Zoopla in a deal valued at £3.3m.
Trinity Mirror Digital Property is a stand-alone subsidiary of Trinity Mirror with the publisher insisting that the sale will not impact on the group’s strategy for growing digital revenues.
In 2012 TMDP reported revenues of £2.9m and made an operating profit of £0.5m.