Victor Rachita to lead the Industrial & Logistics department at CBRE Romania

CBRE has made a strategic move by appointing Victor Rachita to lead the Industrial & Logistics department in Romania, pursuing its consistent efforts to strengthen the industrial & logistics team and extend the local market share.

Victor is one of the top seniors of the Romania real estate market with more than 20 years of experience, half of which within CBRE, in positions of head of office 2012-2015 and business development until 2018. He re-joined CBRE, aiming to strengthen business development efforts. Starting with December 2021, he assumed the position of Head of Industrial & Logistics for CBRE Romania, a role that makes him responsible for coordinating activities and initiatives in the industrial & logistics sector on the Romanian market, with a clear focus on positioning CBRE Romania as a leader also of this market.

“We challenged Victor’s competitiveness in a moment when the industrial and logistics market is the hottest real estate sector, having confidence in his capabilities to design and implement a development strategy of the Industrial & Logistics department, with focus on team and turnover growth, that will make CBRE Client’s first choice in their decision to work with market experts” says Razvan Iorgu, Managing Director of CBRE Romania

The competitive spirit is a recognized trademark of Victor, earned during his student years as a professional volleyball player with contracts in Romania, Italy, and Israel, and he continued exercising the competitive spirit into business becoming the consultant who sealed in 2016 the largest office transaction in the entire CEE region: 47,500 sqm for Renault - a record that has not yet been dethroned in Romania. His personal portfolio covers more than 150,000 sqm transacted, and a suite of top clients among which we mention: Renault, Rompetrol, Servier, Novartis, Sanofi, Carrefour, Orange, TetraPak, Medlife, Medicover.

“I have this excitement of meeting a great challenge, and I’m using every moment I have to prepare for it. The Industrial & Logistics department of CBRE have already doubled starting with January, and together with my team we’ve created the strategy and premises for a very active 2022. The market overpassed the 5.5 MLN sqm of modern I&L spaces at the end of 2021, we see a generous pipeline of another 500.000 sqm for 2022 and a pool of Clients craving for high quality market knowledge but also trustworthy and bold advisors. Game on, I say” stated Victor Rachita, the new Head of Industrial & Logistics, CBRE Romania