108 agency Archives

Faedra22 Business and Industrial Park handed over fully leased

The nearly 16,500 sqm Grade “A” category, light industrial and logistics facility, Faedra22 was handed over in Budapest during the summer of 2023. The popular urban logistics property development...

Warehousing, Logistics and Industrial

LogiCube Park expands with the second phase

In September, the construction of the second phase of the 21,000 sqm logistics park, which will be built in four phases, will continue. The first phase of the LogiCube...

Warehousing, Logistics and Industrial

M7’s Pallag 43 in Budapest achieves 100 percent occupancy

M7 Real Estate (“M7”), a pan-European investor and asset manager, has agreed to a new letting with TRAHT Innovations, a manufacturer of world-leading sterilizers, for a total of c....

Office Leasing

Renewed CityLab awaits tenants at low running costs

CityLab has been reborn in the heart of Budapest – as a reinvention of a 90s office building. Completely renovated, and equipped with solar panels and smart devices, it...

Warehousing, Logistics and Industrial

Swedish company is the first tenant of LogiCube Park in Biatorbágy

The first phase of the 21,000 sqm LogiCube Park in the Budapest area, which will be built in four phases, is on schedule for completion in the last quarter...

Warehousing, Logistics and Industrial

Prologis buys more development land near Prague

Prologis has acquired additional development land near its existing logistics park in Ostredek, Czech Republic. Located on the other side of the highway running through the site, the addition...

Investment Market

108 AGENCY acquires BNP Paribas Real Estate in the Czech Republic

108 AGENCY announced it has purchased 100 percent of the shares of BNP Paribas Real Estate APM CR s.r.o., the Czech subsidiary of BNP Paribas Real Estate. 108 AGENCY...

Warehousing, Logistics and Industrial

Streamlining operations gives industrial sector crucial competitive advantage

The rising prices of construction materials and energy, the increasing cost of land for new construction, a lack of crucial components to ensure continuous production and workforce shortages are...

Warehousing, Logistics and Industrial

International 3PL provider occupies 11,680 sqm at Prologis Park Poznan

Global Reach Logistics (GRL), 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...

Warehousing, Logistics and Industrial

Rent for industrial premises strongly influenced by rising costs for construction materials

Over the past few weeks, there has been a sharp rise in the price of crucial commodities in construction, mainly steel, plastics and wood. Prices are soaring in retail...

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