PHOTO: Property Press
According to Business Desk New Zealand Media and Entertainment (NZME) has acquired real estate title Property Press in a rescue deal that will see the 45 year-old publication stay in print. Earlier this month, Property Press said it would publish its final editions after struggling to stay afloat amid a real estate sector downturn and the shift to digital property listings.
NZME, the NZX-listed owner of the NZ Herald and BusinessDesk, has agreed a deal with the publication’s owner, print company Blue Star, to bring the magazine back from the dead.
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