News | Portland Trust

Hidroelectrica wants to buy Portland’s Trust 131 MW photovoltaic project

28 March 2021

Hidroelectrica has launched a market consultation notice called SICAP “Portland Renewables legal aid acquisition”. The company requests legal services in order to make the decision to acquire a company, Portland Trust Renewables 1 SRL, whose asset is a photovoltaic project in Ratești, Arges, near the A1 highway, at km 86. The park is estimated to be operational in 2022.

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.

Coral Office Park is first in Czechia to receive Well Health-Safety Rating

23 March 2021

Coral Office Park in Prague had earned a WELL Health-Safety Rating from the International WELL Building Institute (IWBI). Coral Office Park is the first office park in the Czech Republic to achieve this evidence-based, third-party verified accreditation focusing on operational policies, maintenance protocols, user engagement and emergency plans to address a post-COVID-19 environment, now and in the future.

Portland Trust to build solar parks, the new wave of renewable energy

22 March 2021

Portland Trust, one of the most powerful real estate developers in Romania, wants to create a portfolio of solar projects of over 500 MW and the first project of about 131 MW, in Arges is already approved by Transelectrica. Based on the available data, the development intentions of Portland Trust could be valued at over 450 million euros, this being one of the most important investment announcements in the new wave of renewable energy expected for Romania.

Portland Trust announces the leasing of the ground floor retail area of J8 Office Park

30 December 2020

Portland Trust announces the leasing of the ground floor retail area comprising 4,000 sq m of its new 46,000 sq m net office development, J8 Office Park. The ground floor has been designed to offer the office tenants and the local community a wide range of food options, retail and services, all set around a large, verdant and attractive courtyard. The development is approximately 70% preleased and will be completed in the summer of 2021. J8 is becoming recognized as the first new office development in Bucharest to enhance the ventilation and hygienic requirements of a class A office project to cater for a post-Covid 19 environment.

Portland Trust has integrated innovative health & safety features into J8

1 October 2020

Portland Trust has integrated innovative health & safety features into J8 including high volume 100% fresh air supply, increased air filtration and UV-C light disinfection which when combined provide a truly safe and hygienic office environment. UV-C light in the ventilation system and lifts sterilizes surfaces and air against viruses providing high protection against viruses such as SARS-CoV-2 and other pathogens. Additionally there is a touch-free access system comprising vehicle license plate recognition and automated entry gates into lifts without the need to touch any buttons.