There is no measureable impact from the credit crunch on the retail investment sector in Europe, according to Thomas Beyerle of Degi. Speaking to PropertyEU, Beyerle noted that speakers at a retail session on the second day of the EXPO REAL property fair in Munich spoke about increasing volumes in the retail property sector - heading for a record of EUR 30 bn for 2007 - and much more liquidity for real estate with a pan-European approach, such as factory outlets, shopping malls and retail centres. But there is not consensus on the prospects of the sector.