YIT to start the construction of an apartment building project in Kuopio, Finland

YIT Corporation Investor News July 10, 2017 at 1:00 p.m.

YIT starts the construction of an apartment building project in Kuopio city centre, Finland. Asunto Oy Kuopion Lasitalo comprises approximately 70 apartments and three office premises. The total value of the project is approximately EUR 20 million and it will be completed in spring 2019. The start-up is recorded in the third quarter.

Lasitalo has a unique location in Kuopio city centre, in the proximity of diverse services. For example, market place, market hall and harbour are located right next to the project. The size of the apartments varies from single room apartments to three room apartments which some have glazed balcony and some have French balcony. The Lasitalo apartments are currently at the pre-marketing stage. Read more about the project on YIT’s Homes website (in Finnish). 

For further information, please contact:

Hanna Jaakkola, Vice President, Investor Relations, YIT Corporation, tel. +358 40 5666 070, hanna.jaakkola@yit.fi 

Jani Knuuttila, Area Director, YIT Construction Ltd., Savolax-Karelia, YIT Rakennus, tel. +358 40 843 9175, jani.knuuttila@yit.fi 

YIT CORPORATION

Hanna Jaakkola
Vice President, Investor Relations

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com

YIT creates better living environment by developing and constructing housing, business premises, infrastructure and entire areas. Our vision is to bring more life in sustainable cities. We want to focus on caring for customer, visionary urban development, passionate execution and inspiring leadership. Our growth engine is urban development involving partners. Our operating area covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. In 2016, our revenue amounted to nearly EUR 1.8 billion, and we employ about 5,300 employees. Our share is listed on Nasdaq Helsinki. www.yitgroup.com