GARBE Industrial and Fortress to develop a 61,000 sq m GLA logistics center in Bucharest

As part of this joint venture, the first acquisition of a land plot with an area of ​​11 hectares, located in the north-west of Bucharest, in the vicinity of the new A0 ring road (Buftea / DN7 exit), which allows fast connections to all areas of the Capital and to the main transport corridors, was signed in December 2025. Construction is scheduled to begin later this summer, with the first tenant expected to occupy the space in early 2027.

For GARBE Industrial, the acquisition marks the company’s first project in Romania and is in line with its strategy and philosophy of delivering Class A projects in key markets, with excellent connectivity to major infrastructure.

For Fortress, this joint venture represents its second project in Romania, following the 2021 acquisition of Fortress Logistics Park Bucharest I (a 50,000 sq m project in Buftea), and reconfirms the company’s confidence in the solid fundamentals of the local logistics and industrial space market.

“Romania stands out as one of the most attractive markets globally for long-term investments in logistics and warehousing, supported by solid prospects for industrial and consumer growth, as well as its close links to Central and Western Europe. As the sector continues to mature, there is still significant potential for institutional developments and investments. We will remain selective and focus on expanding our Class A warehouse portfolio, in line with our Central and Eastern European strategy for the coming years. At the same time, we have the advantage of a very good 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.

“We are delighted to develop our first project in Romania, at the same high standards we have implemented in the CEE region, together with the largest investor in the logistics segment in South Africa, who appreciates our solid track record and long-term development strategy. This partnership strengthens Bucharest’s position as an important logistics hub and highlights Romania’s growing role as a strategic logistics market at a regional level. Our objective is to build a modern park, equipped with advanced technologies, that will allow tenants to optimize their processes and support the growth of their businesses, whether we are talking about 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, with direct connections to the city center, in the proximity of the A0 ring road, in the north-west part of Bucharest and halfway between the A1 and A3 highways. The land offers excellent access to transport infrastructure, as well as a skilled workforce, making GARBE Park Bucharest an ideal option for companies looking for a modern and well-connected operational base in the Bucharest area.
GARBE Park Bucharest is suitable for both medium-sized companies with logistics and industrial operations and for companies with large-scale operations, brought together in a single building. The project will deliver Class A logistics spaces, with a clear height of 12 m, ideal for tenants who prioritize automation, the arrangement of multi-level mezzanines in a hall or the implementation of fully integrated and automated warehouses.

GARBE Industrial Real Estate Romania S.R.L. is part of GARBE Industrial GmbH & Co. KG, one of the leading logistics and industrial space platforms in Germany and Europe. For over 25 years, the company has been among the most important independent partners for transport and logistics service providers, the retail sector and the manufacturing industry.
As a developer, operator and investor, GARBE Industrial covers the entire real estate value chain – development, purchase or sale, acquisition, rental, management and financing – delivering quality light industrial projects in transport hubs and attractive industrial areas in Germany and abroad.
GARBE Industrial currently manages approximately 7.0 million square meters of leasable area and a development pipeline of approximately 2.1 million square meters in Germany and other European markets, representing real estate and fund assets with a cumulative value of approximately EUR 10.9 billion (as of June 30, 2025).

Fortress Real Estate Investments Limited is a South African investment fund specializing in the logistics and retail sectors, with a strong track record in developing real estate projects.
Building on its expertise and experience, Fortress’s evolution is supported by the development of responsible, sustainable and collaborative operations, through which the company creates sustainable and long-term value for all its partners, from economic, organizational and social segments.
Fortress focuses on the development and leasing of quality logistics properties in South Africa and Central and Eastern Europe. It is also expanding its commercial property portfolio, which currently includes 48 shopping centers, including properties co-owned with partners. In addition, Fortress holds a 15.2% stake in NEPI Rockcastle S.A. (“NEPI Rockcastle”).