GARBE Industrial Real Estate GmbH, a German provider and manager of logistics, light-industrial, and technology real estate, has set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polak and Country Head Andrei Jerca, GARBE Industrial Real Estate Romania will expand its activities in the Romanian market and implement its own property developments.
“Eastern Europe in general and Romania in particular offer serious potential as manufacturing and logistics locations, explained Andrei Jerca.”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.”
Jerca brings significant experience in the Romanian logistics real estate market to the job. Polak commented: “Andrei Jerca has an in-depth understanding of the Romanian industry and logistics sectors. With his profound knowledge of the special market dynamics and his strategic far-sightedness, he is a true asset to GARBE and a key factor in our growth strategy.”