YIT announces the finalisation of the Espoo Keilaniemi project’s real estate transaction
YIT Corporation Investor news March 13, 2020 at 3:30 p.m.YIT’s and HGR Property Partners’ joint venture Regenero has today finalised the Keilaniemi area’s Accountor Tower real estate transaction. The finalisation will have a significant positive cash flow impact for Regenero and the owners of Regenero. Regenero will redeem the EUR 100 million bond issued by the real estate development company Keilaniemen Kiinteistökehitys Oy. The profit from the transaction will be recognised in YIT’s first quarter 2020 results. The transaction has been