Trinity Mirror Digital Property

Trinity Mirror Digital Property

Onwer of a portfolio of property websites inlcuding: SmartNewHomes.co.uk, HomesOverseas.co.uk, Email4Property.co.uk, Zoomf.com.

HQ location
London, United Kingdom
Website
Launch date
Employees
Enterprise value
$5m
Company register number
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DateInvestorsAmountRound
-investor

€0.0

round

$5.3m

Valuation: $5.3m

-0.6x EV/EBITDA

Acquisition
Total Funding000k
Reach
Reach(exited)

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2012201320162017
Revenues0000000000000000
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

Notes (0)
More about Trinity Mirror Digital Property
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Trinity Mirror Digital Property, which operated under the tmdp.com domain, emerged as the digital arm of the Trinity Mirror group, focusing on the lucrative online property market.

The venture was a direct result of the media giant's strategy to diversify its revenue streams beyond traditional print media and to capitalize on the digital classifieds sector. It was established to build and manage a portfolio of property websites, aiming to compete with established players in the UK's online real estate advertising space.

The core of their business was to provide a platform for estate agents to list properties for sale or rent, targeting home buyers and renters across the United Kingdom. Their business model was primarily based on charging estate agents subscription fees for listing their property portfolios on their network of sites. This B2B approach was complemented by advertising revenue generated from traffic to their consumer-facing portals.

Their main offering was a suite of digital property portals, including a relaunched version of the SmartNewHomes.co.uk website, which specialized in new-build properties. This platform provided detailed listings, search functionalities, and market insights, connecting developers and house builders directly with potential buyers. The service aimed to simplify the search process for new homes, a distinct niche within the broader property market. Following a strategic review, Trinity Mirror sold its digital property division, including websites like SmartNewHomes.co.uk and zoomf.com, to Zoopla Property Group in 2013 for a sum of £3.25 million. This move was part of Trinity Mirror's broader strategy to divest non-core assets and concentrate on its primary publishing business, marking the end of its direct operational involvement in the digital property classifieds market.

Keywords: digital property, online classifieds, real estate advertising, property portals, estate agents, new-build homes, media diversification, B2B subscriptions, property listings, UK property market

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Investments by Trinity Mirror Digital Property

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Email4Property
ACQUISITION by REACH PLC May 2006
Zoomf.com
ACQUISITION by REACH PLC Oct 2008