German group GARBE Industrial Real Estate expands in Romania

GARBE Industrial Real Estate GmbH, one of the leading providers and managers of logistics, light industrial and technology real estate in Germany and Europe, 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

Andrei Jerca, Country Head GARBE Industrial Real Estate Expands Romania

GARBE currently manages approximately 6.5 million square meters of leasable area and has a development pipeline of approximately 1.9 million square meters in Germany and other European countries.

SEE ALSO: OTP Bank grants EUR 9m financing for the construction of Prima Shops Sibiu

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