St.Gabriel Monastery Prague

Scope Acquisition of the St. Gabriel convent & monastery in Pargue. AHG provided underwriting and transaction advisory during the acquisition process and was exclusively appointed to conduct range of analyses that will provide investor with relevant date to renovate and re-develop this asset into a high-end hospitality asset.
Timeframe 11/2019 – 2/2020
Cost € 14M
Investor Cimex Group
Seller Ceska Posta

Gabriel Loci is a unique place in Prague 5, near the Kinsky Garden. The area of Saint Gabriel Monastery was built in the Neo-Romanesque style. This unique building, created in 1888–1891, features rare artistic decoration in the style of the Beuron Art School. The area includes the Neo-Romanesque Church of the Annunciation with fascinating paintings. This unusual setting can be used for different events and conferences, including our catering services.