United Business Media has acquired sales lead business Lead in Research for its Built Environment division.
The publisher of titles including Building and Property Week bought out LIR for an initial £1.15m, with an additional £300,000 to be paid at the end of the year dependent on performance.
LIR uses planning applications and a wide range of other sources to compile detailed information on relocation, refurbishment and business expansion projects taking place across the UK.
Dominic Ponsford is Editor of Press Gazette. To read more on this story, visit Press Gazette.