In St. Petersburg, YIT started the construction of the fifth and last apartment building in the Tarmo residential quarter. The 11-storey building will have nearly 170 apartments as well as space for a daycare centre for 80 children on the first two floors. The building is scheduled to be completed in the third quarter of 2022. The Tarmo residential quarter consists of more than 800 apartments in total and an indoor car park for 450 vehicles.

In Yekaterinburg, YIT started construction on the third building of the Suomen Ranta apartment building complex. The 14-storey building will have more than 130 apartments. The building is scheduled to be completed in the first quarter of 2022. The property is located on the shores of the Iset River, with good opportunities for outdoor recreation. The residential quarter will be comprised of five apartment buildings and an underground car park.

In the Yekaterinburg suburb of Verkhnyaya Pyshma, YIT started the construction of two new five-storey buildings as part of its Baltym Park area development project. The buildings will consist of nearly 200 apartments, with the ground floor apartments featuring their own compact terrace yards. The newly started buildings are scheduled to be completed in the first quarter of 2022. YIT has been developing the Baltym Park area since 2014. Nearly 5,000 apartments in total will be built in the 76-hectare area.

In the Moscow region, YIT started construction on a 17-storey building as part of the Shchyolkovo area development project. The building will consist of 300 apartments. The decision on the start of construction expedites the covering of YIT’s obligations and the controlled completion of the area development project in question.