GARBE Industrial and Fortress will develop a 61,000 sqm GLA logistic center in Bucharest

News 27/01/2026

Bucharest, January 27th, 2026 – GARBE Industrial, a leading specialist in logistics and industrial real estate, has partnered with Fortress Real Estate Investments, one of the largest real estate companies in South Africa, with operations in Central and Eastern Europe and signed their first joint venture for the development of a 61,000 sqm GLA logistic center in Bucharest, Romania.

Under this joint venture, the first land acquisition of 11ha was signed in December 2025 for a land plot in the northwest part of Bucharest, adjacent to the new A0 ring road (Buftea / DN7 exit), allowing fast connections to all areas of Bucharest and key main transport corridors. 

The construction works are scheduled to start by end of this summer and first tenant should occupy the premisses at the beginning of 2027.

For GARBE Industrial, the acquisition marks the company’s first development in Romania, aligned with its strategy and philosophy of delivering high-quality assets in core markets with strong connectivity to major infrastructure.

For Fortress, the joint venture represents its second project in Romania, following the 2021 acquisition of Fortress Logistics Park Bucharest I (50,000 sqm project in Buftea) and underscores its continued confidence in the country’s industrial and logistics fundamentals.

“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 Plc, a leading retail real estate platform in CEE,” said Bartosz Klimek, Leasing and Asset Director Europe at Fortress Real Estate Investments.

“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 optimize their processes and support their business growth, whether they are logistics providers or manufacturing companies”, said Andrei Jerca, Country Head for GARBE Industrial Real Estate Romania.

A key advantage of the project is its strategic location on the proximity of A0 ring road, on the northwest part of Bucharest with direct connections to Bucharest city centre and halfway between to A1 and A3 highways. The site provides excellent transport accessibility and access to a skilled workforce, making GARBE Park Bucharest an ideal choice for companies seeking a modern and well-connected base in Bucharest region.