Office property at Lönnrotinkatu 11 reaches its final height

YIT CORPORATION News May 25, 2016 at 10:00 a.m.

YIT is renovating the office building at Lönnrotinkatu 11 in central Helsinki into a modern and functional property. The renovation project has now reached the topping out phase. YIT will renovate all the facades, interiors and building systems, making the property fit for today’s business requirements. The renovation will notably improve the energy efficiency of the building, and the plan is to apply for the LEED environmental certificate for the property. The owner of the property is OP Vuokratuotto special investment fund. 

Lönnrotinkatu 11 will eventually house 3,800 m2 of office space on five floors and 430 m2 of commercial space on the ground floor. The property also offers private parking space for 40 cars on the premises, which is rare in central Helsinki. The property is furnished with state-of-the-art structures and materials and smart technical solutions. The flexible facilities and solutions are easy to adapt to different needs and customer-specific demands. In addition to modern office space, the building offers on the ground floor cafés and other services for the tenants.  

YIT’s renovation is within schedule, and the property will welcome its first tenants in October. The anchor tenant will be law firm Lexia.  

For further information, please contact: 

Tero Aaltonen, Vice President, Renovation Projects, YIT Construction Ltd, tel. +358 (0)40 839 9833, tero.aaltonen@yit.fi 

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

  

YIT is a construction industry leader that creates sustainable urban environments by constructing housing, business premises, infrastructure and entire areas. We focus on providing a first-class customer experience, high quality and continuous development of our diverse expertise. Our operating area covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. Our vision is to stay one step ahead – while caring for our customers, partners and personnel. We have over 5,300 employees in eight countries. In 2015, our revenue amounted to nearly EUR 1.7 billion. Our share is listed on Nasdaq OMX Helsinki. www.yitgroup.com

YIT creates sustainable cities and better living environment by developing and constructing housing, business premises, infrastructure and entire areas. We focus on providing a first-class customer experience, high quality and continuous development of our diverse expertise. Our operating area covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. In 2015, our revenue amounted to nearly EUR 1.7 billion, and we employ about 5,300 employees. Our share is listed on Nasdaq Helsinki. www.yitgroup.com

About Us

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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