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28 May 2012

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German real estate economy continues downswing - King Sturge

The mood in the German real estate industry going into the second half of 2008 has dropped to a low according to Real Estate Climate Index by realtor King Sturge. The survey of 1,000 market participants showed a noticeable downturn in July, tracking macro-economic downtrends. The reading of 90.8 points clearly undercut June's 101.3, and compares to a neutral threshold of 100.

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