Quinlan Private Golub relocates Central European headquarters to Explora Business Centre in Prague (CZ)

Quinlan Private Golub announces that it has relocated its Central European headquarters to the Explora Business Centre in Prague 5, Czech Republic. Quinlan Private Golub's move was inspired by the opportunity to occupy one of the best newly built office buildings in Prague and take advantage of Explora's large flexible floor plates and open plan layout. The move was seamless and the business operations of Quinlan Private Golub continues as normal.

Quinlan Private Golub is the developer of the Explora Business Centre, which is jointly owned by Quinlan Private (the parent company of Quinlan Private Golub) and also GE Real Estate. The first phase Jupiter building is successfully over 50% leased following completion in November 2008.

The 21,000-m² Jupiter Building, has already accepted its first tenants including Honda, Trigema and Thyssen. DHL has also signed a lease agreement and will move into the building in June 2009. Quinlan Private Golub are confident that Explora will continue to attract new tenants throughout 2009, thanks to its ideal location. It is situated beside a metro station, just 15 minutes by metro from the city center and a 15-minutes drive to the airport, in a district of Prague where headline rents are more cost effective than in Prague's city center.

"The decision comes as part of a strategic business review, in this economic climate it makes infinite sense to move to premises which provide greater cost efficiency, while still being in a central location directly beside public transport links, in our case a metro and bus station as well as being owned by the Group. Explora is a great business location and the move has allowed us to increase our office space whilst also reducing our costs," says Roger Dunlop, CEO of Quinlan Private Golub.

"I am delighted that Quinlan Private Golub has moved to Explora. Explora is a quality class-A office building and this move displays just how committed QPG are to our own developments," added Stephen Haigh, Country Manager of Quinlan Private Golub for the Czech Republic.

Source: Best Communications

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