Portland Trust is planning a building of another office in Bucharest

Floreasca Park in Bucharest
Floreasca Park received BREEAM certification
Portland Trust, a developer of commercial structures with its headquarters in Prague, bought a plot from Nusco Group with the area of 4 ha in the northern and central part of Bucharest. It is going to build on it a modern and energy-saving office.

The project is a response to increasing need for technologically advanced and at the same time eco-friendly office spaces in this part of Europe. This is our 5th office development in Bucharest. Following the recent success of Floreasca Park, we intend to capitalize on those aspects such as the energy saving technology in the hope of attracting cost and energy conscious tenants – says Robert Neale, Managing Director of Portland Trust.

 

Partnerships were advised by The Adviser and Knight Frank companies and the legal aid was given by McCann & Associates office.

 

Portland Trust has an experience in realization of high standard investments on the local office markets. In portfolio of the company, there are nearly 120 000 sq. m of offices, located in such complexes as: Opera Center (built in two stages: in 2001 and 2002), Bucharest Business Park (2006), Floreasca 169A (2009) and Floreasca Park (2013). The last one, with the area of 37 500 sq. m, received BREEAM certification. Among its tenants are i.a. Oracle, Allianz and Kellogg’s.


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