Zoopla Property Group acquires Trinity Mirror Digital Property
Zoopla Property Group Ltd (ZPG) announced yesterday that it has acquired Trinity Mirror Digital Property Ltd (TMDP), from Trinity Mirror plc.
Trinity Mirror Digital Property owns a portfolio of property websites including SmartNewHomes.co.uk, HomesOverseas.co.uk, Email4Property.co.uk and Zoomf.com.
Zoopla will invest in developing and marketing SmartNewHomes.co.uk and HomesOverseas.co.uk as standalone portals as part of its multi-brand strategy.
Email4Property.co.uk will be redeveloped and rebranded whilst Zoomf.com will be re-directed to Zoopla.co.uk in due course.
Plans are also in hand for Zoopla to power the property search for Trinity Mirror’s national and regional newspaper websites.
Alex Chesterman, Founder & CEO of Zoopla Property Group said: “The acquisition of TMDP is a great strategic fit for ZPG.
“It allows us to continue to build our portfolio of niche brands in the digital property space like SmartNewHomes, HomesOverseas and PrimeLocation alongside our core national brand Zoopla.
“The TMDP portfolio of websites further extends our audience and registered user base for the benefit of our members and we will be investing significantly in each of these niche brands to ensure that we continue to be the most effective marketing partner for each of our members.”