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There were no signs of the slowdown of the German economy at the trade fair, which has now been held every year since 1998. The mood was excellent – really excellent! There was nothing to make you feel like you were dancing on the Titanic, although sometimes...
The real estate market has been booming for a number of years, so it is hard to expect the mood at the largest real estate and investment event in Europe to be sombre. From the first day of the fair, it could be seen that the sector is still teeming with life. “The markets are still optimistic and the fair should be considered a success – there is still a great deal of activity in the sector. Despite reports of a slowdown in Germany, it is difficult to see any effects on the real estate sector for the time being,” said Richard Aboo, the chair of EMEA office agency at Cushman & Wakefield. Surprisingly enough, the more uncertain the situation, the better the real estate sector market becomes – at least that’s the opinion of Ulrich Kater, the chief economist at Deka Bank. Indeed, he argues that the real estate is one of the few sectors that is actually benefiting from the uncertainty. “In a phase like that, people buy property, so uncertainty comi
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