ARTICLES LABELLED WITH TAG portland-trust
03
Jun
2024
Jun
2024
Portland Trust sells 50 ha land plot in Romania
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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13
Apr
2022
Apr
2022
S Immo buys Expo Business Park in Bucharest
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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25
Nov
2021
Nov
2021
New office deliveries in Bucharest up 24% in Q1 – Q3 2021
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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23
Mar
2021
Mar
2021
Portland Trust's Bucharest building gets certified
Portland Trust has announced a WELL Health-Safety certification for the Expo Business Park office project în Bucharest
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18
Oct
2018
Oct
2018
Coworking operator Spaces expands in Bucharest
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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01
Oct
2018
Oct
2018
Portland Trust buys 16,000 sqm plot in Bucharest
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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22
May
2018
May
2018
Bucharest office complex sold to Lion’s Head Investments
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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04
Dec
2017
Dec
2017
Construction underway at Bucharest business park
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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18
Sep
2017
Sep
2017
Portland Trust to invest €50 million in Bucharest project
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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28
Jun
2017
Jun
2017
Portland Trust buys Prague office park for €65 million
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
- P3 extends leases at Łódź City III for nearly 10,000 sqm
- European property deals still take over a year to complete, says Drooms
- Romania's average property deal under €60 million in 2025
- Polish regional office market shows first vacancy fall in years
- Kyiv office market grows in 2025 despite wartime pressures
- DL Invest Group signs JV with Boosteroid for data centres
- Prima Development to scale Bucharest resi deliveries to 1,000 units per year
- Romanian investors drive 30% of property deals in 2025
- Cavare sells PRS project in Gdańsk to Urban Partners
- Trigranit extends office lease deal with Ringier Axel Springer in Warsaw
New leases
- EPP's Galeria Sudecka in Jelenia Góra is strengthening its offering with lifestyle and service brands, including a newly opened Fit Style gym, the addition of Rituals Cosmetics and Kodano Optyk, and the expansion of Medicine and Wakacje.pl. The new agreements and renewals in Galeria Sudecka cover almost 1,900 sqm of commercial space.
- Flex office space operator Mindspace announced the signing of a 10-year lease for 4,500 sqm of offices in the Skyliner II tower near Rondo Daszyńskiego in Warsaw.
- Modular Services, an outsourcing company specialising in IT, finance, and cybersecurity operations, has expanded its office space within the United Business Center 3 (UBC 3) building. Part of the Palas mixed-use development, the international firm has doubled its surface area to 1,300 sqm across two floors.
New appointments
- Axi Immo has expanded its Office Agency team to strengthen its presence in southern Poland and Warsaw. Karolina Słysz joins as Head of Regional Markets, bringing 10 years of experience to lead efforts in Katowice, Kraków, and Wrocław. Elżbieta Golik has been appointed Associate Director, leveraging over eight years of expertise in tenant representation. In Warsaw, Filip Kowalski joins as Associate Director, focusing on lease negotiations. Additionally, Anna Piłka-Sutkowska has been promoted to Advisor following four years with the firm. To support these transitions, Natalia Majsterek has been hired as Office Department Coordinator.
- CTP has appointed Cătălin Dit as COO in Romania to strengthen its management team. In this role, he will collaborate closely with Managing Director Ronald Binkofski. Dit brings a wealth of executive experience from the technology and e-commerce sectors, having previously served as CEO, CCO, and Fulfillment Director.
- Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.
