Skanska builds multi-family houses in Prague, Czech Republic, for CZK 1.3 billion, about SEK 600M

Skanska has signed a contract with Central Group to build a residential complex in Prague, Czech Republic. The contract is worth CZK 1.3 billion, about SEK 600M, which will be included in the order bookings for Europe for the second quarter of 2024.

The project includes the construction of the next phase of the residential project Residence Park Quarter. It consists of seven buildings with six to twelve floors and a total of 373 new apartments. This also includes three-storey underground parking garages. Several commercial units are also incorporated in this project.

Skanska will partly use concrete with high percentage of recycled aggregate for specific parts of monolithic constructions.

Construction is expected to commence in May 2024, and it´s scheduled to be completed by autumn 2026.

For further information please contact:

Ondřej Šuch, Head of External Affairs, Skanska Central Europe, tel +420 725 628 760

Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world’s largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.