Finland — YIT and Caverion Finland Ltd have signed a contract with the City of Helsinki on the construction of the Vuosaari Upper Secondary School using the life-cycle model. The total value of the contract is approximately EUR 32 million, of which YIT’s share is approximately EUR 19 million.

Finland — YIT and Icecapital have signed pre-agreements on the construction of approximately 780 rental apartments in the Helsinki metropolitan area and Tampere.

Finland — YIT and Veritas Pension Insurance have signed an agreement on the sale of a commercial property in the district of Kupittaa in Turku.

Finland — YIT is involved in founding a joint venture that invests in rental apartments the company has constructed in Finland. The investors in the joint venture are YIT (49 percent) and a group of Finnish private investment companies, including Oma Säästöpankki as well as LähiTapiola Etelä-Pohjanmaa. At the same time, YIT is selling almost 600 completed apartments or apartments that are in the final stage of construction throughout Finland to the new joint venture. The total value of the sold apartments is over EUR 100 million.

Finland — The City of Helsinki proposes that the so-called services block in Länsisatama’s Jätkäsaari neighbourhood should be reserved for the consortium formed by YIT, Asuntosäätiö, A-Kruunu Oy, NAL Asunnot Oy and Saraco D&M Oy.

Finland — YIT has signed a contract on the realisation of apartment and care projects for investors in Finland worth approximately EUR 54 million.

Finland — Kati Kivimäki has been appointed as the Managing Director of Mall of Tripla, the shopping centre that will be opened in Central Pasila in autumn 2019. She will start in the position in the spring.

Finland — YIT has signed a contract with the City of Helsinki and Senate Properties on the implementation of the first phase (start-up area) of the Trigoni project and on the purchase of the start-up area.

Finland — YIT and the municipality of Juva in eastern Finland have signed a contract for the implementation of the Juva school campus using the life-cycle model.

Finland — The newest operator moving into Tripla’s Workery offices in Helsinki, Finland, is HOK-Elanto, the biggest regional cooperative of the S Group.

Finland — YIT and Baltic Horizon Fund have agreed on the sale of Duetto II office building located in Vilnius, Lithuania. The value of the deal is approximately EUR 18 million.

Finland — YIT, HGR Property Partners and their joint venture Regenero have sold the Tietotie 6 property in Otaniemi, Espoo to Special Investment Fund EQ Care (AIF).

Finland — YIT and the Lapland Hospital District joint municipal authority have signed an agreement on the development stage of the Lapland Central Hospital expansion project.

Finland — YIT has sold the 50,000 sqm Tripla’s Workery offices, being built in Pasila, Helsinki, as a whole to an international investor. The deal is the single largest office property transaction in YIT’s history.

Finland — YIT continues the construction of the Finskiy development in the city of Shchyolkovo northeast from Moscow with its eighth apartment building in the district. The new 16-storey building will house 300 apartments ranging from studios to three-bedroom flats, with a total floor area of 13,500 square metres.

Finland — YIT will expand and renovate Huhtamaki’s production, storage and business premises in Hämeenlinna, Finland. The customer in the project is NREP Logicenters, a Nordic developer and owner of modern logistics properties. The turnkey contract includes a new building of around 15,000 square metres and the renovation of 2,700 square metres of existing premises.

Finland — A consortium formed by YIT and Are and Länsimetro Oy have signed an agreement on the construction of the Kaitaa station on the West Metro line in Espoo.

Finland — YIT and Telia Finland have signed a long-term lease agreement on the Tripla Workery East offices under construction in Pasila, Helsinki, Finland. The agreement covers approximately 21,000 square metres in the easternmost quarter of Tripla above the new Pasila station.

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