Major part of the office properties of commercial centre Dixi developed by YIT leased

YIT Corporation Press Release December 11, 2017 at 15:00 p.m.

The leasing of the office properties of the commercial centre Dixi, located at the Tikkurila railway station, has proceeded well and major part of the premises has been leased. YIT completed the sales transaction of the second phase office properties to Etera Mutual Pension Insurance Company in December.

The office properties that were completed in spring 2017 as a part of the expansion of Dixi are approximately 8,000 square metres wide. The office properties are located above the commercial centre in two separate office towers. Tenants are Barona Group Oy, Danske Bank Oyj, Metsähallitus, Onvest Oy, Senate Properties and Suomen Terveystalo Oy, among others. The office properties of approximately 6,000 square metres constructed in the first phase were sold to Etera in December 2013.

“YIT has participated in developing Tikkurila area for a long time, and it has been become a busy and modern retail centre”, says Timo Lehmus, YIT’s Head of Business Premises and Infrastructure segment.

The first phase of the office properties were completed at the end of 2014 and the retail centre in January 2015. Dixi offers easy, fast shopping for customers taking the train and a daily place to shop for the area’s residents. Dixi is the first commercial centre in Finland, that has been given the LEED Platinum environmental certification.

For further information, please contact:

Timo Lehmus, Head of Business Premises and Infrastructure segment, YIT Corporation, tel. +358 400 409 181, timo.lehmus@yit.fi

Hanna Malmivaara, Vice President, Communications, YIT Corporation, tel. +358 (0)40 561 6568, hanna.malmivaara@yit.fi

YIT creates better living environment by developing and constructing housing, business premises, infrastructure and entire areas. Our vision is to bring more life in sustainable cities. We want to focus on caring for customer, visionary urban development, passionate execution and inspiring leadership. Our growth engine is urban development involving partners. Our operating area covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. In 2016, our revenue amounted to nearly EUR 1.8 billion, and we employ about 5,300 employees. Our share is listed on Nasdaq Helsinki. www.yitgroup.com

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YIT is the largest Finnish and significant North European construction company. We develop and build apartments, business premises and entire areas. We are also specialised in demanding infrastructure construction and paving. Together with our customers our 10,000 professionals are creating more functional, more attractive and more sustainable cities and environments. We work in 11 countries: Finland, Russia, Scandinavia, the Baltic States, the Czech Republic, Slovakia and Poland. The new YIT was born when over 100-year-old YIT Corporation and Lemminkäinen Corporation merged on February 1, 2018. Our pro forma revenue for 2017 was over EUR 3.8 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com

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