HELSINKI: Finnish company YIT has acquired a plot in Prague’s 5th district, upon which it is constructing an apartment building. Located in the centre of the city, the project is valued at approximately €15 million.
Altogether, the seven-storey building will consist of almost 100 apartments and an underground parking facility. The location also boasts excellent public transport connections. Alongside the construction of standard apartments, a number of loft apartments and duplexes are also to be housed in the building. The project is due to be completed in spring 2017.