Logistics real estate specialist Garbe Industrial Real Estate has established a new company in Romania.
Under the leadership of CEE managing director Martin Polák and country head Andrei Jerca, Garbe Industrial Real Estate Romania will expand its activities in this market and implement its own property developments.
Said Jerca: 'Eastern Europe in general and Romania in particular offer serious potential as manufacturing and logistics locations. Romania boasts excellent infrastructure access, stable economic conditions, and low energy prices.
'Many companies need new and, above all, sustainable logistics assets. The fact that the country is being integrated into the Schengen area makes this an even more exciting time.'
Jerca brings 17 years of experience in the Romanian logistics real estate market to the job. Polák commented: 'Andrei Jerca has an in-depth understanding of the Romanian industry and logistics sectors. With his profound knowledge of the special market dynamics and his strategic far-sightedness, he is a true asset to GARBE and a key factor in our growth strategy.'
In his most recent position, Jerca headed one of the most active Romanian property developers in the industrial sector.
Before that, Jerca worked for CBRE as head of industrial services, where he was instrumental in boosting the market share of CBRE. Moreover, he managed one of the country’s largest industrial and logistics parks as asset manager.
