YIT Launches a New Housing Development in Moscow

YIT launches a new housing development in the Moscow Region. Image: YIT
YIT launches a new housing development in the Moscow Region.

Finland Finland YIT continues the construction of the Finskiy development in the city of Shchyolkovo northeast from Moscow with its eighth apartment building in the district. The new 16-storey building will house 300 apartments ranging from studios to three-bedroom flats, with a total floor area of 13,500 square metres. The total value of the project is nearly EUR 12 million, and the construction began in October 2018.

2018-11-14

Share via e-mail

YIT has been constructing the Finskiy apartment building development on a 13.5-hectare plot in Shchyolkovo for several years. Completed are six apartment buildings and a children’s nursery. In addition to the project started in October, YIT is also constructing another apartment building at Finskiy. In the future the city will carry out a school in the area. The area is within walking distance from the excellent services and amenities of Shchyolkovo and an easy commute to Moscow.

YIT is currently marketing apartments in eight housing developments in different cities in the Moscow Region. Currently under construction are homes and business premises of more than 100,000 square meters in total and three nurseries.




Axel Ohlsson
axel@nordicpropertynews.com




Citycon Sells Shopping Centre to Trevian

Finland Finland Citycon has sold shopping centre Sampokeskus in Rovaniemi, Finland to a fund managed by Trevian AIFM.


Peab Builds Apartments and Offices in Jyväskylä

Finland Finland Peab builds a combined office and residential building in Jyväskylä for Järvi-Suomen Asunnot and Royal-House.

NCC Turns Office Into a Hotel at the Helsinki Central Station

Finland Finland NCC has been selected to renovate an office into a hotel at the main railway station in Helsinki, Finland. The value of the project is about MSEK 740 (EUR 72.5M) and the customer is the real estate investment company Exilion.

Technopolis Invests in Vilnius

Finland Finland Technopolis will invest a total of EUR 51.9 million in organic expansion in its existing Ozas Campus in Vilnius, Lithuania.

Technopolis to Invest EUR 94M in Espoo

Finland Finland Technopolis will invest a total of EUR 94.1 million in organic expansion in its existing Otaniemi Campus in Espoo, Finland. The project will consist of three phases to be built in 2018–2024. It will add around 19,000 sqm to the rentable area of the Otaniemi campus, bringing the total to nearly 78,700 sqm upon completion of this project.


"Investors Focus Too Much on Helsinki"

Finland Finland Hemsö invests EUR 130 million in Turku. The company’s Head of Asset Management Finland, Jarkko Leinonen, tells Nordic Property News about the investment, the strengths of Turku and the benefits of expanding outside of Helsinki.

Hemsö in Transaction with the City of Turku

Finland Finland Hemsö and the City of Turku are preparing a transaction whereby Hemsö will acquire a property portfolio comprised of eight nursing homes and health care properties from the City of Turku in Finland. The acquisition cost amounts to EUR 130M.

Partnera Reduces Its Holdings in Soumen Hoivatilat

Finland Finland Konstsamfundet and Kusinkapital becomes largest shareholders in Hoivatilat.

Sagax Makes New Finnish Purchase

Finland Finland Through four separate transactions, Sagax has acquired five properties in Finland and one property in the Netherlands.

Cromwell REIT Acquires 11 Properties in Finland

Finland Finland Cromwell REIT has acquired 11 properties in Finland as part of a 23 property European portfolio.