Garbe Industrial & Fortress partner on Bucharest logistics JV

Logistics and industrial real estate specialist Garbe Industrial has formed a joint venture with South African real estate company Fortress Real Estate Investments.

GLA logistic centre Bucharest - Garbe

Their first collaborative project will be the development of a 61,000 m2 logistics centre in Bucharest, Romania.
The partnership's initial step was the acquisition of an 11-hectare plot in December 2025, located in northwest Bucharest, adjacent to the new A0 ring road (Buftea / DN7 exit). This strategic location ensures quick access to all parts of Bucharest and major transportation routes. Construction is slated to begin by the end of this summer, with the first tenants expected to occupy the facility, named Garbe Park Bucharest, in early 2027.
This acquisition marks Garbe Industrial's first development in Romania, aligning with its strategy to deliver high-quality assets in well-connected core markets. For Fortress, it's their second Romanian project, following the 2021 acquisition of Fortress Logistics Park Bucharest I (a 50,000 m2 project also in Buftea).
Garbe Park Bucharest's strategic location near the A0 ring road offers direct connections to Bucharest city centre and lies halfway between the A1 and A3 highways, providing excellent transport accessibility and access to a skilled workforce. 
The development will feature a Class A logistics building with a 12-metre clear height, suitable for medium to large-scale logistics and industrial operations. Its design is ideal for tenants focused on automation, multi-level mezzanines, or fully integrated and automated warehouses.
Bartosz Klimek, leasing and asset director Europe at Fortress Real Estate Investments, said: “Romania stands out as one of the most attractive long-term markets globally for logistics and warehousing investment, underpinned by strong industrial and consumer growth potential and its close links to Central and Western Europe. As the sector continues to mature, there remains significant room for institutional-grade development and investment. We will remain selective, focusing on expanding our high-quality warehouse portfolio according to our strategy across Central and Eastern Europe in the years ahead. We also have a strong understanding of the region, as Fortress is one of the largest shareholders in NEPI Rockcastle, a leading retail real estate platform in CEE.” 
Andrei Jerca, country head for Garbe Industrial Real Estate Romania, added:  “We are happy that we will develop the first project in Romania, at the high standards we have implemented in the CEE region, together with South Africa’s largest logistics investor, which values our longstanding track record and development strategy. This partnership reinforces Bucharest’s position as a key logistics hub and underlines Romania’s growing role as a strategic logistics market within the region. Our goal is to build a modern, technologically advanced park that enables tenants to optimise their processes and support their business growth, whether they are logistics providers or manufacturing companies.”