Cushman & Wakefield Echinox appointed to sell HempFlax agricultural portfolio in Romania

3 February 2026

Cushman & Wakefield Echinox has been mandated on an exclusive basis to market and sell an agricultural portfolio in Romania owned by HempFlax Netherlands, a company active in hemp cultivation and processing. The assets are located in the Sebeș–Alba Iulia area.

The portfolio includes nearly 800 hectares of contiguous agricultural land situated close to an existing processing facility. The transaction also covers related agricultural equipment and machinery. According to the adviser, the scale and configuration of the land allow for various types of farming or agribusiness use.

The properties are positioned in a region known for industrial activity, with established automotive, wood-processing and food production operations nearby. Market participants note that agricultural land values in Romania remain below those in many Western European countries, which has supported investor interest in recent years.

HempFlax’s decision to divest its Romanian assets follows a shift in the company’s strategic priorities toward activities closer to its core Western European markets and a stronger focus on value-added processing rather than large-scale primary production.

Despite the company’s exit, the land and associated infrastructure remain available for potential agricultural or mixed agribusiness development. Cushman & Wakefield Echinox stated that both domestic and international investors are being targeted in the sales process.

HempFlax was founded in 1993 and operates hemp cultivation and processing facilities in several European countries, including the Netherlands, Germany and Romania, with production sites in Oude Pekela and Alba Iulia.

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