Skanska builds multi-family houses in Prague, Czechia, for CZK 1.1 billion, about SEK 510M

Skanska has signed a contract with Central Group to build a residential complex in Prague, Czechia. The contract is worth CZK 1.1 billion, about SEK 510M, which will be included in the order bookings for Europe for the third quarter of 2024.

The project includes the construction of the next phase of Tesla Hloubětín residential project. It consists of four residential buildings with six to eleven floors and a total of 357 new apartments. New kindergarten, healthcare unit and several commercial units are also incorporated in this project.

Construction is expected to commence in October 2024, and it´s scheduled to complete by 2027.

For further information please contact:

Ondřej Šuch, Head of Exernal 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.