Property group Quinlan Private and Chicago-based Golub and Company have formed a new joint venture company Quinlan Private Golub. The companies say that the deal creates one of the largest real estate development groups operating in Central and Eastern Europe.
The new group will focus on property development, investment and services in the area, which continues to need modern real estate infrastructure to support its economic growth.
QPG will operate from its headquarters in Prague in the Czech Republic under the leadership of Roger Dunlop, who recently jointed Quinlan Private Golub as CEO and Graham Kilbane, who continues as managing director.
The group is currently developing one of Central and Eastern Europe's biggest developments, known as Bratislava South City in the Slovak Republic. The 200 acre site development will include 8,000 residential units, two million square feet of office space and two million square feet of retail space.
The phased development is expected to be completed in eight to ten years.