YIT to build second phase of the office, trade and logistics project for SBA Urban in Kaunas, Lithuania
YIT Corporation Press Release 14 March 2024 at 14:00 p.m.YIT and SBA Urban, a Lithuanian real estate development and investment company have signed a general contract for the construction of the second phase of the office, trade and logistics project Urban HUB in Kaunas, Lithuania. The value of the contract is approximately EUR 10 million, and it will be recorded in the order book for the first quarter of 2024. The construction works started at the beginning of this year and will be finished by the end of 2024. We announced the first phase in May 2023.