Developer YIT has announced the acquisition of two new lots in Prague 5 and Prague 9. YIT’s new Aalto Cibulka project in Prague-Košíře will consist of 350-400 low-energy apartments with commercial premises for small stores and services. Phase 1 is scheduled to start in spring 2017. The developer is also readying expansion of the Suomi Hloubětín project, where 200-300 new apartments are planned on newly acquired lots. Building work is scheduled to start in spring 2019.
