GARBE Industrial Real Estate GmbH recently 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,” said 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 long-term experience in the Romanian logistics real estate market to the job.
“Andrei Jerca has an in-depth understanding of the Romanian industry and logistics sectors,” said Polák. “With his profound knowledge of the special market dynamics and