YIT to build rental apartments, an assisted living facility and YIT homes in the town centre of Nikkilä, Sipoo, Finland
YIT CORPORATION Investor News May 24, 2016 at 2:00 p.m.YIT has signed agreements for the construction of two apartment buildings for Pohjola Asuntorahasto, part of OP Group, as well as the construction of an assisted living facility for the Yrjö ja Hanna foundation in Nikkilä, Sipoo. The total value of these contracts for YIT is slightly under EUR 20 million. The new buildings will be constructed in Nikkilä’s so-called OP Block, named after its anchor tenant. The currently existing business centre, built in 1983, has exceeded its useful life and will be demolished. At the same time, YIT