Space Brokers grows its team and expands to Slovakia

31 March 2022

Space Brokers, a Czech real estate consulting company focused on commercial real estate, is expanding its team with 2 senior consultants in Slovakia after the first extremely successful year. New colleagues Martin Varačka and Martin Šafárik are responsible for renting commercial real estate in Slovakia. It will be complemented by a six-member Czech team, which comprehensively covers the entire Czech Republic. At the same time, Lucia Voslářová joins Space Brokers as Marketing Director for the Czech Republic and Slovakia.

Space Brokers operates on the Czech and now also the Slovak commercial real estate market and offers companies the search for suitable tailor-made premises and the negotiation or negotiation of lease conditions. Commercial property owners are provided with quality tenants. It is an independent company that operates on the basis of a long-term partnership between partners and believes in building long-term relationships with its clients.

“We are pleased that Space Brokers has successfully established itself on the Czech real estate market over the past year and that we have become a symbol of quality services based on personal approach, an effort to find tailor-made solutions and a high degree of flexibility in its implementation,” says Marek Sýkora, a partner at Space Brokers, and adds: “Many of our clients also operate in Slovakia, and we are pleased to be able to provide the same high level of real estate consulting in the local market thanks to Martin Varaček and Martin Šafárik.”

“We are mainly focused on the industrial real estate market, whose growth was not stopped by the coronavirus pandemic; on the contrary, there is still an excess of demand over supply. In the past 14 months alone, our company has mediated a total of 160,000 sqm of modern warehouse and production space across the Czech Republic. Our largest transactions included Crussis rentals (21,000 sqm in Prologis Park Úžice)
and Rohlík (13,500 sqm in Prologis Park Chrášťany). Especially in the regions of Prague and Central Bohemia, where there are no free spaces for rent, it was a matter of renegotiation,” adds Jana Slavíková, partner of Space Brokers.

“We are also following trends in the Czech industrial and logistics real estate market, which include a lack of vacant land for new construction, innovative redevelopment of brownfields and a steady increase in rents in Slovakia. In 2020 and 2021, most developers focused on leasing their existing parks and acquiring land for further development. In the second half of 2021, and especially in the first quarter of 2022, we recorded the entry of new players into the market and higher transaction activity, thanks to which the average vacancy rate of Slovak industrial real estate began to decline. From our point of view, there is still a lack of modern city logistics in regional cities, which would cover the demand for warehouse units up to 1,000 sqm,” says Martin Varačka, partner of Space Brokers in Slovakia, assesses the current Slovak industrial real estate market.

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