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The Frankfurt exhibition grounds are home to a multitude of historic and modern structures. The grounds offer every conceivable type of space for the widest possible range of events and trade fairs. For over 800 years, Frankfurt has been well known for its trade fairs. In the past, traders and businesspeople met at the R÷mer, the famous Frankfurt city hall. Later the focus shifted to the new grounds of the Festhalle. Today the Frankfurt exhibition grounds cover 578,000 square metres; with its nine halls and adjoining Congress Center, it is the third largest exhibition centre in the world.