Sunday, 1 February 2026
GARBE Industrial has entered into a joint venture with Fortress Real Estate Investments to develop a logistics centre with a gross leasable area of 61,000 sqm in Bucharest.
The partners completed their first land acquisition for the project in December 2025, securing an 11-hectare site in the north-western part of Bucharest, close to the A0 ring road, near the Buftea / DN7 exit. The location provides direct access to the city and links to the main transport corridors serving the capital. Construction is expected to start towards the end of summer 2026, with the first tenant anticipated to occupy the building in early 2027.
For GARBE Industrial, the project represents its first development in Romania, in line with its strategy of expanding in core logistics markets with strong infrastructure connections. For Fortress, the joint venture marks its second project in the country, following the 2021 acquisition of Fortress Logistics Park Bucharest I, a 50,000 sqm scheme in Buftea.
“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,” said Bartosz Klimek, Leasing and Asset Director Europe at Fortress Real Estate Investments. “As the sector continues to mature, there remains room for institutional-grade development and investment. We will remain selective, focusing on expanding our warehouse portfolio across Central and Eastern Europe.”
Andrei Jerca, Country Head for GARBE Industrial Real Estate Romania, said the company plans to apply the same development standards used across the CEE region. “This is our first project in Romania and it will be developed together with Fortress, which has an established presence in the region. Our aim is to deliver a modern logistics park that can support both logistics operators and manufacturing companies.”
The project, to be known as GARBE Park Bucharest, will be located between the A1 and A3 motorways, with direct access to the A0 ring road. The area offers good transport connectivity and access to labour in the wider Bucharest region.
The development will comprise a Class A logistics building with a clear height of 12 metres, suitable for medium and large-scale logistics and industrial occupiers. The specification allows for automation, mezzanine levels and fully integrated warehouse operations within a single facility.
