YIT is piloting dynamic pricing of apartments and parking spaces in the Russian market
YIT Corporation News, March 27, 2018 at 14:30 p.m.The new pricing model aims to improve return on capital and working capital turnover. YIT has been piloting a dynamic pricing model for apartments and parking spaces in Russia together with Priceff. Housing prices in Russia typically change during the construction phase as demand varies. “In order to improve the working capital cycle, it is important that pricing can be adjusted according to demand. It was great to have the opportunity to test how new technology can help real estate development in this respect,” says Jukka-Pekka