Kinstellar has advised GARBE Industrial, one of Germany’s leading logistics and industrial real estate investors, on its strategic entry into the Romanian market through a completed acquisition, as part of a broader joint venture investment structure together with Fortress Real Estate Investments Limited, a South African investment fund. This is Garbe’s first project in Romania.

The transaction supports Garbe Industrial’s long-term expansion in Romania and underpins the development of a new Class A logistics park planned in the north-west of Bucharest, in close proximity to the A0 ring road. The project is expected to deliver approximately 61,000 sqm GLA on an 11-hectare site, designed to serve both mid-sized and large-scale logistics and industrial operators. Construction works are scheduled to begin towards the end of this summer, with the first tenant expected to take occupation in early 2027.

Garbe Industrial is one of Germany’s major logistics and industrial real estate platforms, with a managed portfolio of approximately 7 million sqm and a development pipeline of around 2.1 million sqm across Germany and other European markets.

Kinstellar’s team advising on the transaction was led by Victor Constantinescu (Partner, Co-head Firm-wide Real Estate), together with Corina Oancea (Stanciu) (Managing Associate) and Malina Andries (Associate), supported by a multidisciplinary team including Rena Saftencu (Senior Associate, Real Estate), Theodor Artenie (Counsel, Tax), Cosmin Vasilescu (Senior Associate, Corporate and M&A), Catalin Graure (Counsel, FDI & Competition), and Alexandra Sofineti (Associate, Banking and Finance).