Real estate developer Portland Trust has sold a 50-hectare land plot in Moara Vlasiei to FallCreek, a blueberry nursery stock provider, marking the company’s entry in Romania.
This strategic move will bolster FallCreek’s supply chain capabilities, ensuring the provision of high-quality blueberry plants to growers throughout Europe.
“The site sits on huge water reservoirs necessary for plant production. This sale is not just a transaction; it is a step forward for the agricultural industry and the local economy and demonstrates once more Portland’s Trust capacity to grasp onto new opportunities,” said Florin Furdui, Country Manager of Portland Trust Romania.
Burgert van Dyk, EMEA Regional Director for FallCreek, added that the land purchase will support the company’s growth strategy in the region.
As part of the agreement, Portland Trust will manage the development of the infrastructure needed for the nursery.
