GARBE Industrial Real Estate expands in Romania, appoints Andrei Jerca as Country Head

GARBE Industrial Real Estate, one of the leading providers and managers of logistics, light industrial and technology real estate in Germany and Europe, just set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polák and Country Head Andrei Jerca, GARBE Industrial Real Estate Romania will expand its activities in this market and implement its own property developments.

“Eastern Europe in general and Romania in particular offer serious potential as manufacturing and logistics locations. Romania boasts excellent infrastructure access, stable economic conditions, and low energy prices. Many companies need new and, above all, sustainable logistics assets. The fact that the country is being integrated into the Schengen area makes this an even more exciting time,” explains Andrei Jerca.

Based in Hamburg, GARBE Industrial Real Estate is one of the leading companies selling and managing logistics, light industrial and technology real estate in Germany and Europe.

GARBE develops, buys or sells, lets, manages and finances high-end commercial properties in attractive transport nodes and industrial locations inside and outside Germany. At present, GARBE has around 6.5 million square metres of lettable area and a property development pipeline of around 1.9 million square metres in Germany and elsewhere in Europe under management that represent property and fund assets in a combined value of 10 billion euros (as of 31 December 2023).