EPRA: worst may be over for property stocks

European property stocks may have turned the corner and be poised for recovery after price falls averaging about 40% over the past year, senior industry figures told a recent European Public Real Estate Association (EPRA ) seminar held in London. Well over 200 people registered for the seminar, compared to just 70 last year, underscoring the the uncertainty and search for direction that is gripping the real estate sector amid the credit crunch.

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