The real estate company Portland Trust has completed work on a 20,000 sqm warehouse in the Bucharest West logistics project, located 14 km from the Bucharest-Pitesti highway. Portland Trust began the work this spring on the building which has been fully leased by the logistics operator DSV Solutions.
The investment in this development is estimated to have run to around €10m.
Portland Trust is also known for its office schemes, having developed Opera Center I and II in the Eroilor area, Bucharest Business Park in Piata Presei and Floreasca Business Park, near subway station Aviatorilor.
All three were purchased by investment funds: the first two by CA Immo and the third by NEPI.
