At 108, we’ve mastered The Art of Transformation – with a mix of creativity, courage, and the readiness to tackle whatever comes our way (and we never forget to add a dash of humor, too.)
After recently opening offices in India and Romania, the Czech real estate consultancy 108 REAL ESTATE is expanding into the south-eastern part of Europe - the Adriatic. Since September, a new office has been operating in Zagreb, covering the real estate markets of Croatia, Serbia and Slovenia. Despite the territorial differences, the entire region is united by the growing interest of developers and tenants - especially in the field of industrial real estate. For example, the supply of modern warehouses and production space in prospective Serbia amounts to just 1.3 million sqm, which is less than new office space.
108 REAL ESTATE, a real estate consultancy celebrating its 15th anniversary of successful operations on the market, is marking another milestone with its expansion into Romania. Following its presence in Slovakia, Hungary, and India, 108 REAL ESTATE's expansion into Romania is a strategic move driven by the company's focus on the movement of developers, investors, and tenants in the industrial real estate sector, encompassing both manufacturing and logistics.
As part of a contract extension, Quehenberger Logistics has signed an agreement for an area of more than 11,000 square meters in the CTPark Budapest West industrial-logistics park in Biatorbágy. The transaction was carried out with the cooperation of 108 AGENCY - the company writes on its Linkedin page.
Hungarian developer Defactoring Zrt. has announced the start of the construction of the next phase of the logistics project in Biatorbágy in the suburbs of Budapest. The handover is scheduled for next summer.
According to the plans, in the summer of 2023, the "A" category Faedra22, suitable for light industry and logistics purposes, with an area of nearly 16,500 square meters, was handed over in Budapest. The popular urban logistics real estate development is fully leased, four international and domestic light industry and logistics companies lease the nearly 14,500 square meter warehouse and 2,000 square meter office space. In addition to high-quality technical solutions, flexible divisibility, and the possibility of serving individual needs, the excellent location was the most important aspect of the tenants' decision-making.
A lease agreement was signed for more than 14,000 square meters in the Prologis Park Budapest - Harbor logistics hall - 108 Agency, who is responsible for the transaction, shared it on their official LinkedIn page.
