Key Takeaways
- • Institutional Real Estate, Inc. (IREI) has completed its acquisition of the assets of London-based Lyndon Publishing 2 Ltd, including The Property Chronicle and The Green Chronicle, which will now operate as an IREI division.
- • Together the two publications reach approximately 50,000 professionals across the real estate, real assets and broader investment communities in the U.K., EU, Middle East, Americas and Asia Pacific, nearly doubling IREI's circulation and reach.
- • Founder Stephen Yorke will join IREI as a consultant and continue as editor of both publications, bringing prior roles at D&GAM, UBS Warburg and JPMorgan Chase.
- • IREI Chairman, CEO and Editor-in-Chief Geoffrey Dohrmann said the deal expands IREI's platforms in Europe, the Middle East and Asia Pacific.
Summary
The Property Chronicle serves a global audience of real estate investment professionals, researchers and academics, and is produced as a weekly news briefing as well as a quarterly, illustrated full-color magazine available in digital and print formats. The Green Chronicle, its sister publication, is directed at emerging young talent in real estate professions, is published weekly as a news briefing and is delivered exclusively in digital format. According to the release, the two publications together reach approximately 50,000 professionals, nearly doubling the circulation and reach of IREI's existing publications and newslines. Lyndon Publishing's contributor base exceeds 300 industry professionals and academics.
Stephen Yorke, founder of Lyndon Publishing, will join IREI as a consultant and remain editor of both publications. Yorke previously held roles at D&GAM, UBS Warburg and JPMorgan Chase in London and founded The Academy of Real Assets, a U.K.-based social enterprise that introduces students to careers in real asset investing. In a statement, Yorke said he had confidence in IREI's "skill, resource and ambition" to grow The Property Chronicle as a global title, including through live events, and argued that original human content would become more valued as AI proliferates.
IREI Chairman, CEO and Editor-in-Chief Geoffrey Dohrmann said the company was delighted to welcome Yorke and Lyndon Publishing, describing the publications' missions as aligned with IREI's core values. He said the transaction would support expansion of IREI's platforms in Europe, the Middle East and Asia Pacific, and that the opportunities for synergy between the two platforms were "immense."
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