Kinstellar has advised Habitex on the sale of the former textile factory site located in Baia Mare to Jumbo, one of the leading international retail chains in the region. The transaction is part of Jumbo’s ongoing expansion in Romania. The transaction was signed at the end of 2025. The redevelopment of the site is expected to contribute to the revitalisation of the area and enhance the local commercial infrastructure. Kinstellar provided legal assistance to Habitex throughout the transaction, including structuring, negotiation and signing of the transaction documents. Kinstellar’s team advising on the transaction was led by Iunia Nagy (Managing Associate), supported by Malina Andries (Associate).
Febuary 2026 – 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