YIT to build the first Work & Trade retail building in Vantaa, Finland
1/8/2013 6:00 AM EST
YIT
Investor News
YIT to build the first Work & Trade retail building in Vantaa, Finland
Helsinki, 2013-01-08 12:00 CET (GLOBE NEWSWIRE) --
YIT will start the construction of a business premises under its Work & Trade
concept in Koivuhaka, Vantaa, Finland in January 2013. Work & Trade Avia is a
new building to be built on a plot owned by Heinon Tukku and upon its
completion, its total floor area will be approximately 4,500 square metres. At
the same time, the facade of the office building already located on the plot
will be renewed. The project will be completed in December 2013.
Work & Trade Avia will be the first retail building under the new business
premises concept developed by YIT. The Work & Trade concept provides
growth-oriented B2B businesses with a combination of commercial business
premises in an area with good connections where various functions and business
operators can be found in one place, which improves overall service and makes
the location easier for customers to access. Even before this, YIT’s
contribution to the development of the Koivuhaka area has been significant: its
construction projects in the area include for inctance Koivuhaka Retail Center,
MotorCenter Avia and Kiinteistö Oy Maali.
Energy efficiency and use of renewable energy have also been taken into account
in the planning of the Work & Trade Avia premises. The facade makes it possible
to mount solar panels on the roof, providing energy for cooling offices and
lighting common facilities, for instance. Energy consumption can be optimised
according to the tenants’ needs as each business facility, storage room,
showroom or shop can be heated or cooled separately.
“Koivuhaka’s location at the junction of major roads and near the airport makes
it an attractive business area. Work & Trade Avia offers a combination of
premises to the sector providing services to industry and construction as well
as enhances Koivuhaka’s attractiveness. A good example of this is the anchor
tenant Tools, a leading supplier of industrial gear and components in the
Nordic countries: they will have their Finnish headquarters as well as a
customer pick-up warehouse in these premises,” says Director Tapio Salo from
YIT Construction Services Finland.
For further information please contact:
Tapio Salo, Director, Retail Construction Services, YIT Construction Ltd, tel.
+358 50 505 2608,
Images of the project site can be downloaded at:
http://yit.materialbank.net/NiboWEB/YIT/showCartPublicContent.do?uuid=4012416&ra
ndom=125848&lang=en
YIT is a leading European service company in building systems, construction
services and services for industry. Our 26,000 professionals serve customers in
14 countries in the Nordic and Baltic countries, Russia and Central Europe.
Over one hundred years we have grown together with our customers and developed
our services in line with the changes taking place in different societies. We
intend to continue on that track. Our vision is to lead the way in creating and
maintaining good living environments. In 2011, YIT’s revenue was approximately
EUR 4.4 billion. YIT’s shares are listed on NASDAQ OMX Helsinki.
www.yitgroup.com