YIT to start the construction of an area project and acquire a new plot in Prague, the Czech Republic
YIT Corporation Investor News April 12, 2017 at 8:00 a.m.YIT starts the construction of an area development project in Prague, Czech Republic. The first phase of the project called Aalto Cibulka will consist of approximately 250 apartments with total living area of almost 15,000 sm2. The value of the first phase is approximately EUR 50 million, and it will be completed by summer 2019. The start-up was recorded in the first quarter of the year. Aalto Cibulka is located in a wanted residential area in the 5th district of Prague, close to the city centre with good public transportation