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ARTICLES TAGGED WITH "YIT"

Five Brands Make Their Nordic Entrance at Mall of Tripla

Finland Finland — Mall of Triple outside Helsinki becomes home to five fashion brands making their entrance into the Nordic markets.

YIT to Sell Projects in Finnish Growth Centres to Investors

Finland Finland — YIT to sell projects in Finnish growth centres to investors and the first plots to the newly established plot fund.

YIT to Construct New Hotel in Turku

Finland Finland — YIT, Rausanne Oy and Turun Osuuskauppa (S Group, Turku Cooperative Society) together have agreed to construct a new hotel in Kupittaa, Turku. The value of the transaction is approximately EUR 30M. The project will be entered in the order backlog for the second quarter of the year.

YIT and Are to Build Metro Station in Espoo

Finland Finland — A consortium formed by YIT, Are and Länsimetro Oy have signed an agreement on the construction of the Soukka station on the West Metro line in Espoo. The value of the contract is approximately EUR 50M, whereof YIT’s share is approximately EUR 35M.

YIT in Several Apartment Building Projects

Finland Finland — YIT has started several apartment building projects during April and May. The largest of the started projects include Helsingin Pikkutylli, Kauniaisten Kreivi and Vantaan Koukku, among others, with value of approximately EUR 50M in total.

YIT Constructs School Centre in Imatra

Finland Finland — YIT has signed an agreement worth approximately EUR 55 million with the City of Imatra to construct a wooden school centre in the city’s Mansikkala district. The agreement also includes maintenance for 20 years.

New City Block in Kruunuvuorenranta

Finland Finland — YIT and the City of Helsinki are planning a city block in Kruunuvuorenranta.

YIT Lands Deal in Espoo

Finland Finland — YIT has entered into an agreement with the City of Espoo, on the construction of the Karhusuo school centre’s phases 2 and 3.

YIT has Started Several Residential Projects

Finland 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.

YIT and HSY Signs Deal in Espoo

Finland Finland — YIT and Helsinki Region Environmental Services, HSY, have signed an agreement on the construction of a new underground wastewater treatment plant in Blominmäki, Espoo. The project will be carried out as a project management contract and its value is approximately EUR 206M.  

YIT Starts Several Residential Projects

Finland Finland — YIT has started the construction of residential projects worth approximately EUR 50M in Turku, Tampere and Vantaa in January and February.

Regenero Signs Large Deal in Keilaniemi

Finland Finland — Regenero, a joint venture formed by YIT and HGR Property Partners, has signed an agreement with Accountor Holding Oy to lease office spaces in the high-rise building in Keilaniemi, Espoo, to be renovated.

Largest Finnish Transactions in 2017

Finland Finland — 2017 was an intense transaction year for all the Nordic countries. With the year in the books Nordic Property News can present a list of the largest transactions in all four countries - today we look east to Finland.

YIT Builds in Tampere

Finland Finland — YIT to construct rental apartments worth approximately EUR 50 million in the capital region and in Tampere.

YIT and Hartela to Construct Service Centre in Helsinki

Finland Finland — The construction of the property project for local service centre Hertsi located in Herttoniemi, Helsinki, developed by YIT and Hartela, will start in January 2018. YIT and Hartela will realise the project as a consortium with equal 50/50 shares.

YIT Leases in Commercial Centre in Tikkurila

Finland Finland — A major part of the office properties of the commercial centre Dixi, located at the Tikkurila railway station, has been leased. YIT completed the sales transaction of the second phase office properties to Etera Mutual Pension Insurance Company in December.

Otavamedia Oy to lease office spaces at YIT’s Tripla

Finland Finland — The first significant long-term tenancy of the office spaces at the Pasila urban centre Tripla has been signed with Otavamedia Oy. The lease agreement covers over 6,000 square metres on four different floors of the Tripla middle block, including a photo studio.

Regenero on the Acqusition of Fortum’s HQ – and their Plans for the Building

Finland Finland — Regenero made a big splash when they acquired Fortum’s iconic headquarters in Espoo in the Helsinki area. But the acquisition is just one step in the process of creating something big, Regenero’s Chairman Juha Kostiainen tells Nordic Property News.

YIT Starts the Construction of New Apartment Buildings

Finland Finland — YIT starts self-developed apartment building projects with the value of approximately EUR 45M in total. Three out of four projects are located in Finland.

Peab Divests its Holdings in Lemminkäinen

Finland Finland — Peab has announced that it has divested its entire holding in Lemminkäinen Corporation.

YIT to Construct Apartment Building Project

Finland Finland — YIT starts the construction of an apartment building project in Vermonniitty, Espoo, in Finland.

YIT and Lemminkäinen Merger Approved

Finland Finland — The FIN-FSA has approved YIT's and Lemminkäinen's merger prospectus and granted exemption from the obligation to publish listing prospectus.

Office Property Sold in Helsinki

Finland Finland — A property company owned by YIT Ahlström Capital and HGR Property Partners has signed a contract on the sale of the Kasarmikatu 21 office property to an international investor.

YIT Starts Several Building Projects

Finland Finland — YIT starts the construction of apartment building projects in Kuninkaantammi, Helsinki and Mankkaa, Espoo. The combined value of the projects is approximately EUR 25M and each project will comprise approximately 50 apartments.

YIT Closes Agreement in Helsinki

Finland Finland — The closing of the agreement to implement the hotel for YIT’s Tripla project in Central Pasila, Helsinki, Finland has been secured after the conditions for the agreement were met.