GARBE expanding into CEE
22:06
GARBE Industrial Real Estate, one of the specialists in the field of industrial and logistics real estate in Germany and other European countries, has started to expand its activity in Central and Eastern Europe (CEE).
Martin Polák, former managing director at Prologis, will join GARBE as managing director for CEE and will be responsible for further expansion in the region.
“Expansion in the Central and Eastern Europe region is an important step for us because it is part of our organic development strategy,” Christopher Garbe, managing partner of GARBE Industrial Real Estate, said.
To date, GARBE has focused mainly on logistics real estate in Western European markets. Plans for CEE will initially focus primarily on Poland, the Czech Republic and Slovakia. The company expects the first projects will start by mid-2020.
(WBJ)