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Finwire

Skanska invests SEK 660 million in residential project in Prague

Construction company Skanska is investing approximately SEK 660 million in the second phase of the Habitat residential project in Prague. The phase comprises 188 apartments and nine commercial premises, according to a press release.

The construction contract is worth approximately SEK 490 million and will be included in order intake for Europe during the third quarter of 2026.

Construction is scheduled to start at the end of September, and the phase is expected to be completed during the first half of 2029. Habitat is being developed in a total of six to seven phases and will comprise more than 1,000 apartments when the project is completed.

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