In Finland YIT started the construction of several projects. For example, Asunto Oy Helsingin Firdo is the second project constructed in Tripla in Pasila, Helsinki, and it will be completed in the first quarter of 2020. The project will comprise of nearly 110 apartments and its value is approximately EUR 40M. YIT will construct four housing co-operatives in the western block of Tripla and close to its services. Pasila will become another centre of Helsinki and an even more important transportation hub that is expected to double its resident and job numbers by 2040.
Asunto Oy Helsingin Lorentz is a Hitas project and a result of an architecture competition to be constructed in Kruunuvuorenranta, Helsinki. The value of the project is over EUR 15M with approximately 60 apartments to be completed in the third quarter of 2019.
Asunto Oy Jyväskylän Kalevanpoika will be constructed to the area of Äijälänranta residential fair organised in Jyväskylä in 2014. Kalevanpoika is another one of the high-rise buildings in the area. The value of the project is approximately EUR 15M with approximately 70 apartments to be completed in the second quarter of 2019. YIT constructs all blocks of flats of the Äijälänranta area with four of them still to be started.
The value of Asunto Oy Vantaan Lumikvartsi is almost EUR 10M and it will be completed in the second quarter of 2019. The project will comprise of approximately 40 apartments and the residents of the block have access to a comfortable and versatile yard.
YIT also started projects in the Czech Republic and Estonia.
YIT has Started Several Residential Projects
Finland — YIT has started the construction of residential projects worth approximately EUR 125M in Finland, the Czech Republic and Estonia in March. The start-ups were recorded in first quarter of the year.<br />
Maria Olsson Äärlahtmaria@nordicpropertynews.com