Osborne Clarke has advised Email4Property Limited on its £4.4 million sale to Trinity Mirror Plc.

Osborne Clarke was the sole adviser to the shareholders – Richard Simmons, Christopher Dingley and Carl Norton, on the sale of the entire issued share capital of Email4Property. The deal completed on 9 May 2006 and the £4.4million price was paid in cash by Trinity Mirror Plc.

Email4Property operates nearly 2,000 property websites, each dedicated to an area in the UK. The sites promote local estate agents' own brands and connect property-seekers with appropriate estate agents through the web, email and phone. Established in 2001, Email4Property has become a leading player in the online property marketing industry.

Chris King, partner, Corporate Practice Group, Osborne Clarke, said:

"We are delighted to have worked with Email4Property on their sale to Trinity Mirror plc.  We were bought into advise, based on our specialist expertise in the sale of internet businesses. In the last year, Osborne Clarke has advised on a number of high profile transactions including the sale of Friends Reunited to ITV, News International's purchase of propertyfinder.com and the sale of Allegran to Associated Newspapers."

The Osborne Clarke team advising Email4Property included corporate partner Chris King and associate Tracey Rutland who provided tax advice. Lovells acted for Trinity Mirror plc.