108 news

Developers plan to build almost 7 million sq m of industrial property. Including on brownfield sites

What do the Karlovy Vary, South Bohemia, Liberec and Ústí nad Labem regions have in common from the perspective of industrial property developers? This is by no means the weakest that construction supply and building activity has been in a long time. Quite the opposite. An analysis by real estate consultancy 108 AGENCY indicates that these four regions – relative to their current capacities – are expected to see the largest increase in new warehouse and manufacturing space in the next few.. more

21/09/2023

Czech logistics and manufacturing are increasingly running on solar power

Developers, tenants and owners of industrial and warehouse space in the Czech Republic are currently investing heavily in their own solar power plants. This trend reflects not only the progressive modernisation of the energy sector, but also the gradual move away from dependence on fossil fuels. Within this wave of innovation, we are also seeing extensive technological modifications being carried out in parallel on many buildings, aiming at an overall cut in energy consumption. One of the.. more

24/08/2023

Industrial property market shaped by shorter supply chains and lower carbon footprint

Manufacturing companies are commanding a growing share of industrial property leases in the Czech Republic. In doing so, they are steadily displacing demand from logistics companies and tenants engaged in retail, especially e-commerce. In the second quarter of this year, lettings to manufacturers accounted for 60% of the 266,443 m2 newly leased. When lease renewals are factored in, lettings totalling 567,445 m2 were closed in the second quarter, up 50% on the previous quarter. These figures.. more

01/08/2023

10.8 million steps challenge

Deal done! Our team has once again committed to walking 10.8 million steps for a worthy cause. And guess what? We surpassed our goal and together we walked an incredible 13,005,379 steps during the month of June! more

10/07/2023

High office refit costs prove a drag on new lettings

With the cost of fitting out new offices doubling or even tripling, tenants are reluctant to move. Back in 2019, investing in office refits cost in the region of EUR 400–600 per square metre, but since then the price has spiralled to some EUR 1,000, with costs upwards of EUR 1,200 no exception either. These costs, combined with the rising expense of renting and running offices, are among the principal reasons behind the cooling office market in the first half of this year. Many businesses are.. more

15/06/2023

The year 2023 will be just as challenging, but will also bring new opportunities to the real estate market

The real estate investment market is impacted by increased inflation expectations, higher interest rates and the inflated cost of financing, and this will continue into 2023. This inevitably leads to increasing yield expectations. In most European markets, across various sectors, yields have increased this year. According to BNP Paribas Real Estate, some price corrections are still expected in some markets and asset types in 2023. The market is expected to stabilise in the second half of the.. more

03/01/2023

PF 2023 | 108 AGENCY

Season's Greetings To All Our Business Partners and Friends! more

21/12/2022

108 AGENCY won again at this year's CIJ Awards Slovakia 2022

The announcement of the prestigious CIJ Awards Slovakia 2022 real estate competition meant that the consulting company 108 AGENCY won the Best New Office Lease Tenant Transaction category with the Innovatrics deal in the Lakeside Park 2 building. more

08/12/2022

Lenka Šindelářová presented at the conference Sustainability and Revitalization of Buildings

On November 23, a conference on Sustainability and revitalization of buildings organized by the Real Estate Academy in cooperation with the Finnish Embassy took place in Dům Radost in Prague 3. more

23/11/2022

108 at the new address as of December 1!

108 AGENCY is moving to new offices. From 1 December 2022, we will be based in the office part of the PALLADIUM building at Na Poříčí 1079/3a in Prague. more

15/11/2022