YIT Oyj

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YIT is the largest Finnish and a significant North European development and construction company. We develop and build sustainable living environments: functional homes, future-proof public and commercial buildings, infrastructure for smooth mobility, and renewable energy solutions to benefit the climate. We employ around 5,000 professionals in nine countries: Finland, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2022 was EUR 2.4 billion. YIT Corporation's share is listed on Nasdaq Helsinki. Read more: www.yitgroup.com

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YIT sells apartments to Elite Alfred Berg´s real estate fund

Thu, Oct 31, 2019 11:00 CET

YIT Corporation Investor News October 31, 2019, at 12:00 p.m.YIT and Elite Alfred Berg Rental Income non-UCITS Fund have signed an agreement on the sale of 120 apartments located in the Helsinki metropolitan area. The total value of the agreement is approximately EUR 28 million. The transaction will be recognised in the fourth quarter of the year. The majority of the apartments to be sold as rental apartments have already been completed, with the rest to be completed in the beginning of the year 2020. For further information, please contact:Antti Inkilä, Executive Vice President,

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YIT sells apartments to Elite Alfred Berg´s real estate fund

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