YIT to begin construction on its first Smartti apartments in Lahti

YIT Corporation  Press Release  4.7.2016 at 9.00 a.m.

Construction work on YIT’s first apartment property built as part of the Smartti concept launched in May is getting underway in the centre of Lahti. The demolition work will start right after the summer holidays. At the moment, 10 Smartti projects are being planned around Finland.

All in all, 41 new apartments will be built in Lahti as part of the Smartti concept. The property is located centrally, near the railway station and new Travel Centre.

“Demand for the apartments has been high. Smartti is especially well suited for first-time home buyers, older generations, and actually anyone looking for affordable living costs and fine-tuned solutions,” says Marko Oinas, Vice President at YIT.

YIT’s new Smartti housing concept combines style and compact size with a reasonable price and individuality. Smartti homes do not contain anything unnecessary, but they do include everything you need. For example, in the bathroom, the tower washer is neatly hidden behind the door and the wall-mounted WC seat provides extra space. And you do not have to compromise on style in any room. Customers can select their preferred style of decor. For an extra cost, even more alternatives are available. In addition, fixtures and extra cupboards designed especially for Smartti can be ordered through the YIT Plus service.

And you need only a little capital, 30 per cent, to become an apartment owner. Smartti apartments provide the apartment owner with a housing company loan with a five-year grace period. When you live in a Smartti home, you do not have to choose between a home and living, because you will have enough resources for both.

Experience Smartti – come check out the pop-up model apartment!

YIT will bring the pop-up Smartti model apartment to the same plot where the Smartti apartments are being built. This means Lahti residents can check out the Smartti solutions in their real environment. The Smartti model apartment will be on display at Puistokatu 7, Lahti from Tue 5 July to Fri 8 July from 12 noon to 3 p.m.  

For further information, please contact:
Marko Oinas, Vice President, YIT Corporation, tel. +358 (0)40 506 7430, marko.oinas@yit.fi
Hanna Malmivaara, Vice President, Communications, YIT Corporation, tel. +358 (0)40 561 6568, hanna.malmivaara@yit.fi

Have a look on Smartti video: https://youtu.be/OaxpM3A7prk

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 

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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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