Portland Trust's Bucharest building gets certified

23
Mar
2021
News - Portland Trust's Bucharest building gets certified #office #Portland Trust #Romania #WELL

by Property Forum | Office

Portland Trust has announced a WELL Health-Safety certification for the Expo Business Park office project în Bucharest


“We are delighted to have gained international recognition for our facilities operations and our commitment to prioritizing the health and safety of our tenants, visitors, and staff. EXPO Business Park was designed and constructed to provide a healthy environment for its users with 100% fresh air provision, opening windows to provide purge ventilation and anti-bacterial materials so our tenants can also have confidence that the operations of the buildings match the physical specifications”, says Robert Neale, Managing Director of Portland Trust.

EXPO Business Park provides 40,000 sqm of net office space located in the center-north of Bucharest. The development comprises three buildings over two levels of underground parking. The project has rooftop solar panels to heat hot water for the buildings, touch-free access, LED lighting throughout, vehicle recognition technology, cycle racks, and shower facilities. 

J8 Office Park, which will also be supplied by green energy,  is currently Portland Trust’s largest project under construction and is also destined to receive the WELL Health-Safety certification, in addition to BREEAM Outstanding. Bog’Art, the general contractor, will finalize the construction this summer.




New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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