Established in 1997, Portland Trust is a commercial real estate developer and asset manager headquartered in Prague, Czech Republic and with an office in Bucharest, Romania. Portland has focused on the construction of new commercial property mainly in the office, retail and light industrial sectors, always in strong locations or where new infrastructure is being developed.

Portland Trust has had a long term joint venture with ARES Management L.P. (formerly AREA Property Partners) who is a US based fund manager with assets under management of approximately $90 billion and 700 employees throughout US, Europe and Asia. This partnership has allowed Portland Trust to undertake large urban development projects in various countries throughout CEE.