Portland Trust

Established in 1997, Portland Trust is a commercial real estate developer and asset manager with offices in Prague and Bucharest. The company has focused on the construction of new commercial property mainly in the office, retail and light industrial sectors, always in strong locations or where new infrastructure is being developed. More recently Portland has broadened its area of focus on the refurbishment of older office buildings, photovoltaic parks and data centers. Portland Trust has had a long term joint venture with ARES Management Corporation, a US-based fund manager with assets under management as of 2024 of approximately $440 billion. This partnership has allowed Portland Trust to undertake large urban development projects in various countries throughout CEE. The company has undertaken a wide range of projects including supermarkets, an regional shopping center, numerous office buildings and office parks and light industrial and logistic parks. The total amount of developed space is approx. m2. Additionally large sites for renewable projects and data centers have been acquired. The combination of Portland Trust's hands-on style, highly experienced in-house construction management and the financial strength of ARES has enabled Portland Trust to flourish. It continues to develop institutional quality, award-winning and eco-friendly buildings.