ARTICLES LABELLED WITH TAG Portland Trust

News - Portland Trust sells 50 ha land plot in Romania
03
Jun
2024

Portland Trust sells 50 ha land plot in Romania

by Property Forum
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.
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News - S Immo buys Expo Business Park in Bucharest
13
Apr
2022

S Immo buys Expo Business Park in Bucharest

by Property Forum
Real estate investment company S Immo AG has purchased the Expo Business Park office project in Bucharest from Portland Trust for an undisclosed sum. 
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News - New office deliveries in Bucharest up 24% in Q1 – Q3 2021
25
Nov
2021

New office deliveries in Bucharest up 24% in Q1 – Q3 2021

by Property Forum
New office spaces with a combined surface of 153,900 sqm have been delivered in the first nine months in Bucharest, of which 107,900 sqm in Q3 alone, according to real estate consultancy JLL Romania. Total deliveries were up 24% year-on-year. 
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News - Portland Trust's Bucharest building gets certified
23
Mar
2021

Portland Trust's Bucharest building gets certified

by Property Forum
Portland Trust has announced a WELL Health-Safety certification for the Expo Business Park office project în Bucharest
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News - Coworking operator Spaces expands in Bucharest
18
Oct
2018

Coworking operator Spaces expands in Bucharest

by Property Forum
CBRE advised coworking operator Spaces on leasing 4,100 sqm of office space in Expo Business Park, located in the Expoziției area of Bucharest. The leasing contract exceeds the market average length of five years.
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News - Portland Trust buys 16,000 sqm plot in Bucharest
01
Oct
2018

Portland Trust buys 16,000 sqm plot in Bucharest

by Property Forum
Portland Trust has acquired a 16,000 sqm plot of land on Jiului street near Bucurestii Noi Boulevard. The transaction price is estimated at about €5-6 million, according to zf.ro.
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News - Bucharest office complex sold to Lion’s Head Investments
22
May
2018

Bucharest office complex sold to Lion’s Head Investments

by Property Forum
Real estate developer Portland Trust and investment fund Ares Management have sold the Oregon Park office complex in Bucharest to Lion’s Head Investments, a joint-venture between South African investment fund Old Mutual Property and AG Capital, for an undisclosed sum.
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News - Construction underway at Bucharest business park
04
Dec
2017

Construction underway at Bucharest business park

by Import Sys
Chapman Taylor reported that construction on Expo Business Park in Bucharest is underway. The 70,586 sqm development comprises three separate and self-contained office buildings set over a shared two-level basement parking structure.
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News - Portland Trust to invest €50 million in Bucharest project
18
Sep
2017

Portland Trust to invest €50 million in Bucharest project

by Import Sys
Real estate developer Portland Trust and American investment fund Ares Management LP will invest €50 million in the development of the third building at Oregon Park in the northern part of Bucharest. The new office building will comprise25,000 sqm and should be completed by the end of 2018.
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News - Portland Trust buys Prague office park for €65 million
28
Jun
2017

Portland Trust buys Prague office park for €65 million

by Ákos Budai
Portland Trust and its long term joint venture partner Ares Management have purchased Office Park Nové Butovice in Prague 13 for €65 million. The seller was CEE Property Development Portfolio (CPDP 2). Office Park Nové Butovice offers 36,000 sqm of leasable space.
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Latest news


New leases

  • Himalaya and Sabon are joining the brand mix at Fashion House Militari, adding new options in the beauty, sport, and lifestyle categories. Furthermore, Collective pop-up outlet is opening a multibrand store at Fashion House Pallady.
  • Rohlig SUUS Logistics, the largest Polish logistics operator, has extended its lease, on a long term basis, at the Bolero Office Point 1 building in Warsaw. The company has been occupying the space since 2014.
  • In recent months, M1 Czeladź, managed by EPP, has signed lease agreements and extensions of cooperation covering a total area of over 6,200 sqm. For instance, New Yorker is preparing a larger showroom of over 1,500 sqm, while Ochnik is moving to a new space totaling 925 sqm. McDonald's and CCC have also strengthened their presence at M1 Czeladź by extending their lease agreements. CCC has also decided to renovate its premises. Pierre Cardin is also staying in the project longer

New appointments

  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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