YIT Sells K3 North

K3 North.

Image: YIT

YIT Sells K3 North

Finland — YIT has signed a contract on the sale of the K3 North property to a fund managed by an international investment company. The K3 North property is located in the neighbourhood of Viinikkala in Vantaa, Finland, close to Helsinki Airport. The parties have agreed not to disclose the purchase price.

2020-12-08

The area of the K3 North logistics property is approximately 22,000 sqm, the majority of which has already been leased to a foreign operator. The property was designed for traditional pallet storage, but it is also suitable for other logistics purposes. The property will be completed by the end of 2021, and it will apply for LEED Silver environmental certification.

The property is the last of the logistics property development projects named K3, and K3 North will complete the area. The K3 Logistics West property was completed for this investment company in the same area in June 2020.

Axel Ohlsson

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