Jurys Inn Hotel
Cushman & Wakefield has been instructed by Avestus Capital Partners to undertake the sale of the property Jurys Inn Hotel Prague.
Step 1: C&W assessed the achievable selling price in the given period of time. We prepared and distributed marketing material to a pre-selected pool of investors.
Step 2: During the complex negotiations and deal structuring with several parties, C&W managed to find a suitable partner who met the client’s expectation.
Step 3: Hotel investment team negotiated with client condition of the sale and managed sale process until closing. The sale represented a complex transaction, the due diligence process took over 6 months where C&W was the leading sales advisor.
Despite the various challenges of the subject transaction, we have managed to find a solution which has been accepted by the seller and buyer to execute the transaction. The property has been sold to a well-known Indonesian investor.