![News Article alternative CIMEX Czech Republic investment Prague](https://cdn.property-forum.eu//image/articles/5179/1500/prague_color-125.jpg)
Česká pošta has sold the former St. Gabriel Monastery, located in Prague's Smichov district, to the CIMEX group for €14 million (CZK 353 million).
The new owner plans to organize cultural and social events in the building until it finds the best long-term use for it.
Weinhold Legal provided legal advice to Česká pošta during the transaction.