Skanska invests CZK 851M, about SEK 380M, to the first phase of a new residential project in Prague, Czech Republic
Skanska invests CZK 851M, about SEK 380M, to the first phase of the Habitat residential project in Prague, Czech Republic. The phase will feature 124 low-energy apartments and 6 non-residential units. The construction contract is worth CZK 699M, about SEK 310M, which will be included in the order bookings for Europe for the second quarter of 2025.
The new residential project will enhance the attractiveness of the location and help revitalize it by connecting it to the broader city center. The new 7-section residential building will create a semi-open courtyard with ample green space, play elements, and gazebos. Retail and service facilities will be integrated into the project. Tram and metro stations are located nearby, providing easy access to the city center.
Habitat focuses on energy efficiency, incorporating green roofs with photovoltaic panels, photothermal panels, and advanced water-saving measures, including grey water recycling systems. The new building meets the stringent requirements of the international BREEAM sustainability certification, at VERY GOOD level.
Construction of this phase started in April 2025 with expected completion in 2027.
The new Habitat residential district will be developed on a brownfield site in five phases, offering over a thousand apartments on a 70,000 square-meter plot. The entire project is scheduled to be completed within ten years.
For further information please contact:
Jan Pohorský, Communications Team Leader, Skanska Residential Development Europe, tel +420 704 876 916
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 construction and project development companies, with 2024 revenue totaling SEK 177 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 26,300 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.
