ARTICLES LABELLED WITH TAG 108 Agency

News GRL takes 11,680 sqm at Prologis Park Poznań
02
Aug
2021

GRL takes 11,680 sqm at Prologis Park Poznań

by Property Forum
Global Reach Logistics (GRL), a third-party logistics (3PL) provider, has leased an 11,680 sqm warehouse space in the distribution centre Prologis Park Poznań. The business venture is a transaction in cooperation with AXI IMMO and the Czech consulting company 108 AGENCY, which run joint projects within IRELS, an organisation of international specialists in the logistics real estate sector.
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News Prague’s industrial vacancy rate falls to all-time low of 0.55 %
13
May
2021

Prague’s industrial vacancy rate falls to all-time low of 0.55 %

by Property Forum
The first quarter of 2021 saw record low vacancies in the greater Prague region, affirming consistent high interest in industrial premises in premium locations. High demand is pushing lease prices upwards, with lease prices having grown by 25 % per sqm year-on-year within the Prague cadastral district, for example. The Czech industrial real estate market is being impeded by drawn-out approval processes and a lack of new options in areas with the greatest demand.
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News Lengthy approval processes limit Czech industrial market growth
17
Mar
2021

Lengthy approval processes limit Czech industrial market growth

by Property Forum
Czech real estate consultancy 108 Agency has published the first edition of an original project that provides an overall summary of the Czech industrial real estate market from the perspective of individual development companies and owners.
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News Strong demand drives up prices on Czech industrial market
17
Feb
2021

Strong demand drives up prices on Czech industrial market

by Property Forum
There is currently a shortage of industrial and logistics space on the Czech market, in addition to a lack of land suitable for their construction. This is mainly due to growing demand and the fact that local governments aren’t motivated by tax benefits to allow their construction. The situation is most evident in the vicinity of large cities, and also affects the growth of rent levels. Moreover, it has also caused a new trend in the form of the extension of rent contracts. The first new projects of over 20,000 sqm can only be expected in the second half of 2022. 
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News Czech industrial rents could increase by up to 10% in 2021
03
Feb
2021

Czech industrial rents could increase by up to 10% in 2021

by Property Forum
The fourth quarter of 2020 closed a year full of changes and upcoming trends on the Czech industrial market. Despite the pandemic, the industrial segment proved stable, and there was a significant acceleration in the development of e-commerce, and specifically the digitalisation of the entire retail sector. There remains a high demand for premises on the market from investors and clients, and this interest puts pressure on prices, which will increase significantly at premium locations in 2021, according to 108 Agency.
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News 108 Agency enters the Hungarian market
30
Jul
2020

108 Agency enters the Hungarian market

by Property Forum
108 Agency is expanding into the Hungarian market. The company has now started its operations by cooperating with three local professionals István Fazekas, Marcell Szotyori-Nagy and László Kemenes who have many years of experience in commercial real estate.
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News Increased speculative development on the Czech industrial market
26
Oct
2017

Increased speculative development on the Czech industrial market

by Import Sys
Total stock on the Czech industrial property market reached 6.71 million sqm by the end of the third quarter of 2017. From July to September this year, 68,000 sqm of new warehouse space were completed in 5 parks. Compared to Q2 2017, when a total of 208,000 sqm was delivered, it means a quarter-on-quarter decline of 67 percent. Compared to Q3 2016, when a total of 52,000 sqm was delivered to the market, it is a year-on-year increase of 31 percent. 108 Agency presented an overview of the Czech industrial property market.
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News Chinese tenants increase their activity in the Czech Republic
09
Oct
2017

Chinese tenants increase their activity in the Czech Republic

by Import Sys
In the past 18 months, three major Chinese logistics providers leased almost 100,000 sqm of new warehouse premises, one of them being 68,000 sqm leasing agreement in VGP Park Jeneč signed by the company 4PX Express (logistics operator of Chinese e-commerce company Alibaba). This transaction ranks among the largest single industrial transactions of this year. Chinese concentration on the Czech market is expected to continue as there are several other major transactions currently underway.
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Latest news


New leases

  • Schindler Romania is moving its office to Vastint’s Business Garden Bucharest. The company has leased 1,160 sqm in a deal brokered by CBRE Romania.
  • Footwear brand Crocs is opening its first location in the North-East region in Palas, as well as in the upcoming Rivus project in Cluj-Napoca, both projects developed by Iulius.
  • WeNet, an online marketing company, has relocated its Gdańsk office to the multifunctional Garnizon complex, owned by the Hossa Investment Group. The organisation has taken up more than 450 square meters of office space in the GATO office building.

New appointments

  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.
  • Tryton Business House in Gdańsk will welcome a new tenant. Państwowe Gospodarstwo Wodne Wody Polskie will occupy 3,092 sqm of office space in the complex owned by Globalworth. Cushman & Wakefield represented the institution in the lease process.

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