Estates Gazette, a B2B magazine and information service covering UK commercial real estate, is to close after 166 years.
The title, which is published by RELX subsidiary Lexis Nexis Risk Solutions and rebranded as “EG” in 2017, announced on its website that all its products will be “withdrawn” from the market next year.
As well as its weekly print magazine and website, EG runs a listings service named Propertylink, data business EG Radius and a bulletin of industry events and award shows.
The title attributed the decision to the “irreparable impact” of “headwinds that have struck the whole of the commercial real estate industry hard”.
Chris Fleetwood, its managing director, said: “The past few years have been very difficult for the real estate industry as a whole, and EG has been caught in these headwinds too. We have worked hard to fortify the business but have unfortunately had to make this extremely difficult decision.”
Read more at
https://pressgazette.co.uk/news/estates-gazette-eg-closes-166-years-relx/
