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28 May 2012

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Optimism rises at Expo Real despite attendance dip

The mood at Expo Real 2009, which ended in Munich last Wednesday, was one of cautious optimism and even unguarded hopes for a surge in business after three days of intensive meetings. Organisers reported a fall in attendance of 15% to 21,000 which, adding in 14,750 exhibitor representatives, meant the 12th annual Munich property fair hosted over 35,000 participants. After Germany, next most numerous were from UK, Austria, Netherlands, Switzerland, Poland, France, Czech Republic, US, Russia and Luxembourg. The mood contrasted with sinking spirits last year, when collapsing markets in the aftermath of Lehman Brothers' implosion brought a sense of riding in a spaceship watching the world outside sink into turmoil.

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