GARBE Industrial Real Estate expands into Romania, launching new subsidiary

by   CIJ News iDesk III
2024-11-11   08:50
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GARBE Industrial Real Estate GmbH, a prominent European developer and manager of logistics and industrial properties, has officially entered the Romanian market with a new subsidiary, GARBE Industrial Real Estate Romania. Led by Andrei Jerca as Country Head and overseen by Martin Polák, GARBE’s Managing Director for Central and Eastern Europe, the company aims to capitalize on Romania’s promising logistics sector.

With Romania’s strong infrastructure, stable economy, and favorable energy costs, Jerca highlights the nation’s appeal for sustainable logistics development, particularly as Romania moves toward Schengen integration. Jerca brings extensive experience, having developed over 200,000 square meters of industrial space across key Romanian cities, and his knowledge is seen as essential to GARBE’s growth strategy.

Polák praised Jerca’s market insight and strategic vision, emphasizing the subsidiary’s role in expanding GARBE’s reach in Eastern Europe as Romania’s logistics market experiences robust growth. This strategic move marks GARBE’s commitment to establishing a significant presence in Romania’s industrial real estate landscape.

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