The e-commerce has been rapidly developing in the past 3 years in the Czech Republic. High demand and favourable conditions in the market attract the international companies from all over the world.
The limited possibility of new constructions has been one of the main problems for the industrial property market development for the last years. This problem multiplies dramatically with regard to urban industrial zones. The solution lies in the revitalization of brownfield areas and the filling out free spaces near existing buildings. A palmary example is the area of the Eastgate Park Prague and the construction of a new hall of approximately 5,000 square meters within it.
Season's Greetings To All Our Business Partners and Friends!
The autumn of this year was marked by welcoming new colleagues throughout the team. As a research analyst, Yevgenia Soldatova will be responsible for research activities and real estate market analysis. Also the industrial department strengthens with the arrival of Michael Novotný whose task will be mainly to expand the portfolio of industrial premises offered by the company and participate on business cases throughout Czechia.
The ceremony of the CIJ Awards 2018, the prestigious real estate competition in Central Europe, has brought a number of prizes to the consultancy company 108 AGENCY. Both branches of the real estate consultancy The 108 AGENCY won in several categories.
108 AGENCY and 108 AGENCY Slovakia have recently become the members of the IRELS network (International Real Estate Logistics Solutions). The IRELS was founded by the EOL company in 2017 to support the development of international partnership and encourage the growth of international logistics projects.
Dokument Logistik s.r.o., a Czechoslovak company, which deals with document storage and management , expands and moves its storage capacities. In Senec, they rented 2,500 square meters of warehouse space in the Falcon Industrial Park. Rental was provided by Branislav Jendek, Head of Industrial Team and Managing Partner of 108 Agency Slovakia.
Based on a recent boom of construction of new administrative projects across Prague, there is a growing tendency to relocate from existing, usually older and less efficient office buildings as these are no longer sufficient to meet the current needs of companies.
The expansion of administrative construction in the location of the "Prague’s Pentagon" brought to the site the inflow of demand from the leading technology and IT companies. They occupy spaces in newly completed projects, which thicken previously fragmented construction in the area.
