Skanska invests CZK 2.2 billion in fourth phase of Prague residential project
- Skanska invests CZK 2.2 billion (about SEK 1 billion) in the fourth phase of Prague’s Emil Kolben District residential project.
- The CZK 1.3 billion (about SEK 590 million) construction contract will enter European order bookings in the fourth quarter of 2026.
- The phase comprises 272 apartments and five non-residential units, with pre-sales above 30%.
- Construction starts in November 2026, with completion expected in spring 2029.
- The overall development comprises five phases totaling 1,069 homes across 51,000 square meters.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skanska AB published the original content used to generate this news brief via Cision (Ref. ID: 202611020130BITN____UKPR__EN_20261031-BIT-2767-0) on November 02, 2026, and is solely responsible for the information contained therein.