News Article career Czech Republic lease Slovakia SpaceBrokers
by Property Forum | Career

Space Brokers, a Czech real estate consultancy focused on commercial real estate, is expanding its team with 2 senior consultants for Slovakia after the first year. Martin Varačka and Martin Šafárik are responsible for commercial property leasing in Slovakia now. At the same time, Lucia Voslářová joins Space Brokers as a Marketing Director for the Czech Republic and Slovakia, the company announced.

Space Brokers operates in the Czech and now Slovak commercial real estate market, offering companies the opportunity to find suitable premises and negotiate or renegotiate lease terms. It provides commercial property owners with quality tenants. It is an independent company that operates based on a long-standing partnership between partners and believes in building long-term relationships with its clients. 

"We are primarily focused on the industrial real estate market, whose growth has not been halted by the coronavirus pandemic; on the contrary, there is still an excess of demand oversupply. In the past 14 months alone, our company has brokered leases for a total of 160,000 sqm of modern warehouse and production space across the Czech Republic. Among our largest transactions were Crussis leases (21,000 sqm at Prologis Park Úžice) and Rohlik (13,500 sqm at Prologis Park Chrastany). Especially in the Prague and Central Bohemia regions, where there is no vacant space available for lease, these were renegotiations," adds Jana Slavíková, partner at Space Brokers.     

"We are also observing trends in the Czech industrial and logistics real estate market, including a lack of vacant land for new construction, innovative redevelopment of brownfields and steady rental growth in Slovakia. In 2020 and 2021, most developers have focused on leasing their existing parks and acquiring land for further development. In the second half of 2021 and especially in the first quarter of 2022, we have seen new players entering the market and higher transaction activity, which has started to reduce the average vacancy rate of Slovak industrial properties. In our view, there is still a lack of modern city logistics supply in regional cities to cover the demand for warehouse units up to 1,000 sqm," Martin Varačka, partner at Space Brokers in Slovakia, says the current Slovak industrial real estate market. The Czech consulting company Space Brokers was established at the end of 2020. It focuses on the Czech and, from Q2 2022, also the Slovak commercial real estate market. It specializes mainly in industrial property leases.