YIT will construct a parking facility in connection with the Espoo’s Urheilupuisto metro station

        INVESTOR NEWS            MARCH 9, 2015 AT 10:00 A.M.                                                                                      

YIT will construct a parking facility in connection with the Espoo’s Urheilupuisto metro station

YIT has signed a contract with Kiinteistö Oy Jousenpuiston pysäköinti to construct a parking facility in connection with the Urheilupuisto metro station in Espoo, Finland. The total value of the contract for YIT is nearly EUR 20 million. The construction of the project will start in spring 2015 and it will be completed in summer 2016.

The parking facility will consist of five levels, of which three will be located underground and two over ground. The gross area of the parking facility is approximately 30,000 square metres, and it will have 790 parking spaces. In addition to the metro connection parking, the facility will also serve the residents of the apartments that will be constructed above the car park.

For further information, please contact:

Sanna Kaje, Vice President, Investor Relations, YIT Corporation, tel. +358 50 390 6750, sanna.kaje@yit.fi
Anne Piiparinen, Head of Unit, YIT Construction, tel. +358 40 823 2808, anne.piiparinen@yit.fi



Sanna Kaje
Vice President, Investor Relations


Distribution: NASDAQ OMX, principal media, www.yit.fi

YIT is a construction industry leader. We create better living environments in Finland, Russia, the Baltic countries, the Czech Republic and Slovakia. Over 100 years of experience have secured us a strong market position: we are the largest housing developer and one of the largest business premises and infrastructure developers in Finland, and the most significant foreign housing and area developer in Russia. Our vision is to stay one step ahead – while taking care of our customers, partners and personnel. We have nearly 6,000 employees in seven countries. In 2014, our revenue amounted to around EUR 1.8 billion. Our share is listed on NASDAQ OMX 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