Portland Trust was established in 1997 to develop high quality, institutional, commercial real estate assets throughout Central Europe. Robert Neale is the owner and managing director of Portland Trust and has been based in Prague and operating in Central Europe since the early 1990’s. In 1999 part of Portland Trust, including its subsidiary companies, was purchased by Apollo Real Estate Advisors, now ARES Management, in order to expand the business and undertake larger projects. AREA has actively invested over €1.2 billion of equity in over 100 transactions in the European real estate market since 1995.
Portland Trust has offices in Prague, Czech Republic and Bucharest, Romania and has focussed on commercial projects. In Romania there has been a specific focus on the development of prime quality office buildings and also one large, light industrial estate. Portland has completed over 450,000m2 of net leasable space of new buildings.
The combination of Portland Trust’s experienced professional team and the financial strength of AREA enables Portland Trust to successfully develop high quality, well designed projects in its two core markets and to sell those projects to international institutional investors.
Portland Trust is dedicated to a clear and simple environmental policy of using local, natural materials where possible, designing buildings in a fundamentally efficient manner, using modern, efficient plant and technology and adhering to both local and international guidelines for energy efficiency. The aim is to procure designs of buildings that integrate into the local surroundings and which minimize enviromental impact.
Portland Trust Romania | Floreasca Park | 43 Sos. Pipera | Entrance A, Ground Floor | 014254 | Bucharest 2, Romania
tel.: +40 21 317 6060 | fax: +40 21 317 6080 | www.portlandtrust.ro