YIT ACQUIRED 50,000 M2 OF BUILDING RIGHTS IN THE CENTRE OF ST PETERSBURG
YIT CORPORATION PRESS RELEASE APRIL 29, 2011 at 9.30 YIT ACQUIRED 50,000 M2 OF BUILDING RIGHTS IN THE CENTRE OF ST PETERSBURG YIT’s subsidiary in St Petersburg, YIT Lentek, has acquired a land plot of 2.9 hectares in the historic centre of St Petersburg. The residential complex to be built on the plot will have a total of about 500 apartments i.e. 50,000 sq.m. of buildings. YIT will construct the project in several phases. Start-up of construction works is scheduled for 2012. The plot is located on Smolny prospect, next to the City government. It is on