YIT Corporation to establish a new Partnership Properties segment to support its growth in urban development
YIT Corporation Stock Exchange Release June 19, 2017 at 7.55 a.m.YIT Corporation’s Board of Directors has decided to establish a new segment, Partnership Properties. The new segment will focus on financing the development of significant projects as well as owning and timely divestment of developed properties. According to its strategy, YIT targets to make the majority of big and long-term investments with partners. Partnership Properties segment will be reported as a separate segment as of the beginning of 2018, which will improve the transparency of the value of YIT’s project