Prague follows the current trend of short-term retail rentals and ranks alongside world metropolises such as New York, London, Hong Kong or Milan, where The Storefront currently operates. In Czechia, it will be active through the start-up concept The Prostor, which is being developed by the real estate consultancy 108 AGENCY.
A brand new commercial complex, providing a combination of retail and industrial areas, is being prepared by the established development company CODECO, a.s. near the railway station Praha - Hostivař. The project, consisting of a pair of buildings, will provide their tenants with flexible spaces within a total area of 10 000 sq m. The construction will replace an existing brownfield, aiming to raise the environment with increased emphasis on greenery.
Real estate consultancy company 108 AGENCY, the leader of the Czech industrial market, launches in cooperation with the leading developer Prologis a unique auction of warehouse spaces with an area of 17,130 sq m in the existing park Prologis Park Prague D1 West II. The auction aims to provide candidates with exactly the same conditions in the most transparent environment, with an effective comparison of the bids submitted. This innovative process has not yet been used in the Czech Republic.
On April 5, 2018, the third edition of the conference of magazine Logistika and media company Economia, entitled "The Digital Drive", was held at the Conference Centre City, Prague 4. Even 108 AGENCY could not miss this event.
New industrial projects respond to changes in customer requirements and rising land prices. City logistics and an innovative approach to construction represent the core ideas of the MIPIM 2018 fair.
108 AGENCY has facilitated lease of 14,000 square meters of industrial space in PROLOGIS Park Prague Úžice and also the transaction of 7,500 square meters of ADR warehouse in Arete Park Lovosice I. The company FIEGE, a leading Germany-based logistic provider, increased of its currently leased space in both parks.
Den Braven in cooperation with 108 Agency has consolidated premises in East Slovakia. Since 1/10 2018 the company will operate in new central warehouse for Eastern Slovakia in Logistic Centre Petrovany. This transaction was provided by Miroslava Šáchová, managing director 108 AGENCY Slovakia.
108 AGENCY, a Prague-based real estate consultancy with an exclusive focus on commercial property, was honored at the CIJ Awards Czech Republic 2017 awards. The Czech industrial team of 108 AGENCY was named the winner in the categories ‘Best Warehouse Power Broker Team‘ and ‘Best Warehouse Lease‘ for renting 68,000 sqm of industrial space for the company 4PX Express.