News | Portland Trust

Portland has won “Best Investment Transaction of the Year” award for EXPO Business Park at the CIJ Awards Gala 2022

15 December 2022

Last week, together with S Immo, we received the “Best Investment Transaction of the Year” award for EXPO Business Park at the CIJ Awards Gala 2022. The sale of Expo Business Park in Spring this year confirmed to us once again that integrating the latest and most efficient technology in our buildings is a long-term winning strategy, increasing the liquidity and long-term investment value of the assets for the institutional buyers. In 2019 EXPO Business Park achieved BREEAM OUTSTANDING environmental certification, the first new office development in Romania to do so.

J8 Office Park won two CEEQA awards

5 July 2022

We won two awards at this year’s Central & Eastern European Quality Awards (CEEQA) held in Warsaw and attended by over 700 delegates from throughout the region. J8 Office Park was awarded the “Aiming 4Net Zero Building of the Year” and “ SEE Office Building of the Year” distinctions, confirming that the building is highly efficient with innovative HVAC and MEP technology and has set new standards in the office sector. The project has reached a new level of performance in terms of working environment and ESG standards, with exceptional air quality close to the hygienic requirements of the medical industry.

Portland Trust receives two HOF Awards for the J8 Office Park project

22 April 2022

We are proud to announce that our newest office project has been awarded "Best of the Best Office Development" and "Best New Office Leasing Transaction" at HOF Awards 2022! J8 Office Park, an office complex comprising approx. 46,000 sqm of net leasable area, was completed by Portland Trust in October 2021 and is located in Bucharest Noi, close to the Jiului metro station. The Best of the Best Hall of Fame Awards is the climax of the CIJ Awards series, with the regional winning projects and companies from around Central & Eastern Europe competing against each other.

PORTLAND TRUST ANNOUNCES THE COMPLETION OF J8 OFFICE PARK PROJECT

23 September 2021

Portland Trust officially opened J8 Office Park project, located in the immediate vicinity of the Jiu subway station. The developer organizes a soft opening on Thursday 23rd, to acknowledge the formal completion and handover of the building from the General Contractor, Bog’Art. The office complex comprises 46,000 sqm net leasable area including approximately 3,000 sq m of retail and leisure space. The mix of leisure and services include World Class Fitness, Mega Image, Stradale restaurant, Mobile Pet, Coffee Island, X-Time, Pain Plaisir, Medy Sportline, Medicover and most recently Medima Health, who operate a specialist CT and MRI scanning business.

PORTLAND TRUST LEASES 2,500 SQM TO EUROINS IN J8 OFFICE PARK

28 July 2021

Real estate developer Portland Trust announces the leasing of an area of 2,500 square meters, located in building A of the J8 Office Park project, to Euroins Romania, important insurer on the local market. Portland Trust is preparing to complete the construction works for J8 Office Park office complex, this month. The project is located in the immediate vicinity of the Jiu subway station, in the New Bucharest neighborhood of the Capital. About 55% of the 44,000 square meters of building A have been pre-leased to Ubisoft Bucharest, the developer of well-known video games, including Assasin’s Creed, which will have its regional headquarters here. Euroins thus becomes the newest tenant of J8 Office Park, occupying almost the entire second floor of Building A.

EXPO BUSINESS PARK has earned the WELL Health-Safety Rating

24 March 2021

Portland Trust announces that it has earned the WELL Health-Safety Rating for its EXPO BUSINESS PARK in Bucharest through the International WELL Building Institute (IWBI). The WELL Health-Safety Rating is an evidence-based, third-party verified rating focusing on operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment now and into the future. In order to achieve WELL Health-Safety Rating, EXPO Business Park reinvigorated its cleaning and maintenance regimes, it has installed features such as innovative UV-C light disinfection of surfaces and purification of air in all lifts, disinfectant stations in entrances and anti-bacterial door handle covers.