Since inception in 1997 Portland Trust’s main focus has been to acquire land to develop high quality buildings in the retail, light industrial, office and residential sectors. Portland Trust also purchases existing properties, complexes, and companies with real estate assets providing attractive redevelopment potential and strong development yields.
Buttressed by a strong in-house construction and project management team, and with a commitment to high-quality design, Portland Trust produces highly efficient and cost-effective buildings that attract value conscious corporate users.
During the last 10 years Portland Trust has focused its activities on the Czech Republic and has also been a pioneering developer in Bucharest, Romania. It is Portland Trust’s strategy to follow this direction as the real estate markets in both countries have performed very well and it is felt they will continue to do so, despite a significant increase of stock in all sectors.
Although the world economy is going through a period of rebalancing, Central and Eastern Europe remains attractive for relocation of manufacturing and outsourcing as competencies increase and costs in Western Europe continue to rise. As such, it is considered that many opportunities remain in all sectors and that with adoption of the Euro and further harmonization with the European Union the business climate will remain stable.
Jazyk - CZ