Skanska Property Czech Republic is expanding its portfolio by completing the acquisition of a plot with a former car repair shop from M2 Real Estate Group, located in the Karlín area of Prague. Skanska plans to build a modern office building called Praga Studios on the property.
Praga Studios will offer 12,000 sqm of office space on seven floors. It will be located next to Corso Court, another office project built by Skanska in 2015. The developer plans to connect the new office building to Corso Court by creating a piazza in the centre of old inner Karlín.
