Jurys Inn Hotel


Jurys In Hotel
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The Challenge

Cushman & Wakefield has been instructed by Avestus Capital Partners to undertake the sale of the property Jurys Inn Hotel Prague. 


The Solution

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. 


The Results

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.

Contact

Frédéric Le Fichoux

Frédéric Le Fichoux

Head of Hotel Transactions - Continental Europe

Prague, Czech Republic

Phone +420 724 319 802

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