GARBE Industrial has confirmed its entry into the Romanian market through a new partnership with South African investment fund Fortress Real Estate Investments. The two firms have signed a joint venture to develop a Class A logistics centre in Bucharest, with a total gross leasable area of 61,000 square metres.

The project, named GARBE Park Bucharest, is located on an 11-hectare site in the north-west of the capital. The land acquisition was finalised in December 2025. Situated near the new A0 ring road at the Buftea exit, the site provides rapid access to the city centre and sits halfway between the A1 and A3 motorways. Construction is expected to begin in late summer 2026, with the first tenants likely to move in by early 2027.

“Romania stands out as one of the most attractive global markets for long-term investments in logistics and warehousing space, supported by strong prospects for industrial growth and rising consumption, as well as its close links with Central and Western Europe. As the sector continues to mature, there remains significant potential for institutional-grade developments and investments. We will remain selective and focus on expanding our Class A warehouse portfolio, in line with our Central and Eastern Europe strategy for the coming years. At the same time, we benefit from a strong understanding of the region, considering that Fortress is one of the largest shareholders of NEPI Rockcastle Plc, a leading retail platform in CEE,” said Bartosz Klimek, Leasing and Asset Director Europe at Fortress Real Estate Investments.

The facility will feature a 12-metre clear height, specifically designed to support multi-level mezzanines and automated storage systems. For GARBE, this represents its first development in Romania, while for Fortress, it is a second venture following its 2021 acquisition in Buftea.

“We are pleased to develop our first project in Romania, at the high standards we have implemented across the CEE region, together with the largest logistics investor from South Africa, who values our solid track record and long-term development strategy. This partnership strengthens Bucharest’s position as a key logistics hub and highlights Romania’s growing role as a strategic logistics market at regional level. Our objective is to build a modern park equipped with advanced technologies that will enable tenants to optimize their processes and support business growth, whether they are logistics providers or manufacturing companies,” said Andrei Jerca, Country Head of GARBE Industrial Real Estate Romania.