Portland Trust: Bucharest

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ICEMENERG
Under Construction
New facility under construction
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Portland Trust: Bucharest

Year Planned: 2026
Floors: 2

Portland Trust, one of the largest developers of office buildings in Romania, is developing its first data center project in Bucharest. The project will be carried out on a plot of 27,734 square meters in the Vitan district of Bucharest, which was purchased in 2021 from the Icemenerg-Service branch of Transelectrica. The ICEMENERG Energy Research and Modernization Institute was reorganized and came under the coordination of the Ministry of Education.

The company is demolishing buildings acquired from the Icemenerg-Service branch of Transelectrica to develop a two-story facility spanning 8,800 sqm (94,722 sq ft).

Map and Nearby Locations:

ICEMENERG
Portland Trust Sites
Nearby Facilities

Sites within 15 miles of Portland Trust: Bucharest

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5.49 miles NXDATA-2
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Solidus Ai Tech Datacentre has a Tier 3 Compliant structure.
8.08 miles Portland Trust: Bucharest 2
9.31 miles NXDATA-3
NXDATA-3 will be a state-of-the-art data center located near Bucharest, with operations scheduled to begin in 2026.
11.71 miles Hyperscale Data Center Request Dataset
Microsoft could be planning its first data center in Romania after buying a plot of land in Otopeni, 15km north of Bucharest.

Portland Trust: Bucharest Data Center Photos (See all)

Operating Company

Operated by:

Established in 1997, Portland Trust is a commercial real estate developer and asset manager with offices in Prague and Bucharest. Portland Trust has had a long term joint venture with ARES Management Corporation (formerly AREA Property Partners) who is a US-based fund manager with assets under management of approximately $165 billion.

The company 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.

The company has undertaken a wide range of projects including supermarkets, an 85,000 m2 regional shopping centre, numerous office buildings and office parks and light industrial and logistic parks. The total amount of developed space is approx. 800,000 m2.

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