YIT has acquired a plot for area development project in Prague, Czech Republic
YIT Corporation Investor News January 31, 2017 at 8:00 a.m.YIT has acquired a plot for an area development project in Prague, Czech Republic. The plot is located in a wanted residential area in the 5thdistrict of Prague, close to the city center with good public transport connections. The floor area of the project to be constructed in three or four phases is approximately 30 000 square metres with 350-400 apartments and a few business premises. The project comprises new buildings and old buildings to be renovated. The new building has a valid building permit, which allows a fast start-up.