Portland Trust was established in 1997 to develop high quality, institutional, commercial real estate assets throughout Central Europe. Robert Neale is the owner and managing director of Portland Trust and has been based in Prague and operating in Central Europe since 1990´s.
In 1999 part of Portland Trust, including its subsidiary companies, was purchased by Apollo Real Estate Advisors, now AREA Property Partners, in order to expand the business and undertake larger projects. AREA has committed equity of over €3 billion in over 127 transactions in the European real estate market since 1995.
Portland Trust has completed a wide range of projects including supermarkets, a regional shopping center, office buildings, light industrial / logistic parks and even a school in the Czech Republic and Bucharest, Romania. Portland has completed over 360,000 m² of net leasable space of new buildings with approximately 60,000 m² of new space under construction in 2012.
The combination of Portland Trust’s highly professional team and the experience and financial strength of AREA has enabled Portland Trust to successfully develop high quality, well designed projects in its core markets