B2B media and events company UBM is considering selling at least three of its remaining UK trade titles as it continues to reduce its portfolio of print-centric brands.
TheMediaBriefing has learned from multiple sources close to the company that staff from Property Week, Building Design and Travel Trade Gazette were called to a meeting to discuss “strategic options” on Friday afternoon, including but not limited to the sale of the brands and related events.
It’s unclear whether UBM would consider a sale of the three brands individually or together – but sources tell us that Building magazine is not for sale, largely due to its synergies with the Ecobuild expo business, which UBM bought in a deal worth up to £51 million in 2011.
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