Investor Relations
News Detail
27th Mar 2006
INM Acquires PropertyNews.Com
Independent News & Media PLC ['INM'] has agreed to acquire the entire issued share capital of PropertyNews.com, the largest internet property site on the island of Ireland, covering Northern Ireland and neighbouring counties in the Republic of Ireland.
The PropertyNews.com database lists nearly 20,000 properties for sale, 4,000 of them in the Republic. 99% of estate agents in Northern Ireland list their properties on the site and it is estimated that about 90% of all properties for sale in the Province at any given time are shown.
