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ARTICLES TAGGED WITH "YIT"

They Develop Finland's Largest Shopping Mall

Finland Finland — YIT, Etera Mutual Pension Insurance Company, Onvest Oy and Fennia Mutual Insurance Company have all signed the agreement to implement the Mall of Tripla and its parking facilities as a joint venture. Mall of Triples will be built at the station of Pasila in Helsinki.

New Office Building To Be Built in Helsinki

Finland Finland — YIT, Ahlström Capital and HGR Property Partners develop new office space next to the Kasarmitori square in Helsinki CBD. Two old office buildings are demolished, and they will be replaced by a 16,000 sqm office building, to be completed in late 2017.

They Will Develop Finland´s Largest Shopping Center

Finland Finland — Five companies have signed a letter of intent on the establishment of a joint venture for the implementation of the Mall of Tripla in central Pasila, Helsinki. The overall value of the shopping mall and the parking facility is approximately € 600 M.

YIT sells to OP Group fund

Finland Finland — YIT has signed an agreement on the sale of an office building located in Helsinki city centre to non-UCITS Fund OP-Vuokratuotto. The total value of the agreement is approximately € 23 M.

YIT sells in Vantaa

Finland Finland — YIT has signed an agreement on the sale of Avia Line III office premise located in Vantaa to non-UCITS Fund OP-Vuokratuotto. The total value of the agreement is over € 8 M.

Orava acquires apartments from YIT

Finland Finland — Orava Residential REIT has signed a binding agreement to acquire 42 apartments from YIT Rakennus for a debt free purchase price of EUR 10.3 million.

Citycon Sells Two Properties in Finland and Sweden

Finland Finland — Citycon has entered into contracts to divest two properties located in Tikkurila in Vantaa and Kallhäll in Stockholm. The total sales price for the two properties is around € 14 M.

YIT Sells the Lauttasaari Shopping Centre in Helsinki

Finland Finland — YIT sells the Lauttasaari shopping centre, Lauttis, in Helsinki to Aberdeen European Balanced Property Fund. The total value of the agreement is over €40M.

YIT sells in Lahtis and in Helsinki

Finland Finland — Finnish YIT sells the office building BW Tower in Lahtis and 112 apartments, most of them are located in Helsinki.