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

  • The Polish branch of Lufthansa Technik AG, a global provider of maintenance, repair and overhaul services for civil aviation, has joined the group of tenants at the Infinity office building in Wrocław. The company has leased over 860 sqm of office space in the building, in the heart of the city on ul. Legnicka. Lufthansa Technik AG will move into its new headquarters in April 2026. The lease was signed for seven years.
  • Fortress Logistics Real Estate, part of South African global investment platform, has set up office in the third floor of the Metropolitan building on Piłsudski Square. The Warsaw office will overlook the Ministry of Culture and the Raffles Europejski Hotel.
  • Promenada Mall, owned by Nepi Rockcastle, has completed the first stage of its food court modernisation, spanning 1,000 sqm, with the opening of eight new restaurants.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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