ARTICLES TAGGED WITH "YIT"

YIT Gets Assignment from City of Tampere

Finland Finland — YIT has been selected to carry out the Tampere City Central Office Building renovation and expansion.

Heikki Vuorenmaa Appointed CEO at YIT

Finland Finland — The Board of Directors of YIT Corporation has appointed Heikki Vuorenmaa to the position of President and CEO effective 1 December 2022 at the latest. Markku Moilanen will step down from his current position as President and CEO by the end of November and continue as Senior Advisor until the end of the year.

YIT's Head of Property Development Leaves the Company – Returns to Capman

Finland Finland — Ilkka Tomperi, Executive Vice President, Property Development and a member of the YIT management team will leave YIT to join another company outside of YIT. He will continue in his position until the end of 2022.

YIT Completes Building for DWS

Finland Finland — YIT’s modern logistics properties developed for, and sold to, DWS Group have been completed.

YIT Divests Business and Service Premises to OP's Fund

Finland Finland — The second phase will commence with the construction of business and service premises for HUS. The property has been sold to OP-Public Services Real Estate special fund.

YIT Launches Several Residential Construction Projects

Finland Finland — YIT has started several residential apartment building projects in Finland and CEE countries in April-June 2022.

Keilaniemi's Growth Continues – New JV Established

Finland Finland — HGR, Ilmarinen and YIT have established a joint venture regarding real estate development activities in Keilaniemi.

YIT Adds New Key-player

Finland Finland — Strengthens the transaction and investment side with a recruitment from SEB.

YIT Sells Its Share in an Office Property in Slovakia

Finland Finland — YIT has sold its 50 percent share of the Pradiareň 1900, a project company owning an office property in Bratislava, Slovakia to a newly established sub-fund of RSJ Investments. RSJ Investments is a Czech real estate investor and a joint venture partner of YIT Slovakia in several projects via separate fund. Debt-free transaction price is approximately EUR 35 million.

YIT to Construct Office Building in Espoo Area

Finland Finland — YIT is launching the construction of the five-storey office building and a car park that will serve housing units of Tuultenristi in Tapiola.

YIT Gets Assignment from Nokia

Finland Finland — YIT has signed a contract agreement with Nokia regarding the building of new facilities in Oulu.

After the Russian Exit: How YIT Helps Ukrainian Refugees

Finland Finland — Ilkka Tomperi, EVP, Property Development at YIT, on the measures in the company's premises – to help the Ukrainian people settle down in Finland.

YIT Comments on Russian Operations

Finland Finland — YIT accelerates its strategic review and ceases plot investments and apartment start-ups in Russia.

YIT Buys Two Plots in Espoo

Finland Finland — YIT has bought two plots from LähiTapiola, located in Tapiola, Espoo, in the immediate vicinity of the shopping mall AINOA and the Tuultenristi area development project, at Itätuulenkuja 6 and 8.

”We Are Right Now Reviewing Alternative Paths”

Finland Finland — Construction giant YIT on the Russian future – after the announcement last year that the company will evaluate its strategic options in the country.

The Ground-Breaking Real Estate Development in Hot Helsinki Area

Finland Finland — Ilkka Tomperi, EVP, Property Development at YIT, on the JV together with HGR and Ilmarinen: “Keilaniemi is one of the leading office areas already and its development is going to continue being rapid.”

YIT to Make a Bigger Mark in Housing

Finland Finland — YIT’s CEO Markku Moilanen on the new strategy for the giant, why they consider leaving Russia, and the new growth plans in the housing segment.

EVP at YIT Leaves the Company

Finland Finland — Juhani Nummi, Executive Vice President, Development and the member of YIT Management Team leaves the company.

YIT Extends the Maturity of Credit Facility

Finland Finland — YIT extends the maturity of its credit facility by one month.

YIT Makes Record-Investment in Baltic Residential

Finland Finland — BTA Baltic Insurance Company, a part of the Vienna Insurance Group, has agreed with the Finnish construction company and developer YIT to establish a joint venture and co-invest a total of EUR 120 million in rental apartments in the Baltics.

International Investor Makes Logistics Acquisition from YIT

Finland Finland — YIT has signed an agreement to sell a logistics property of approximately 15,000 square metres located in Vantaa’s Hakkila district to an international investment company.

YIT: These Are the Corona Effects in the Construction Industry

Finland Finland — Corona not only pushed the traditionally site-oriented construction industry to develop, it also offered great opportunities to create completely new practices and services, Finnish construction giant YIT concludes in a statement.

YIT Recruits New CFO

Finland Finland — YIT Corporation's Board of Directors has appointed Tuomas Mäkipeska as YIT’s Chief Financial Officer and a member of the Group Management Team. He shall take over his position latest at the beginning of February 2022.

Several Residential Projects Started by YIT

Finland Finland — YIT started several residential apartment building projects in Finland and the CEE countries in April-June 2021.

Quadoro Makes Acquisition from YIT

Finland Finland — YIT and the German real estate investment company Quadoro have signed an agreement for the sale of the offices of the Bulevardikortteli block in Järvenpää.