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    YIT and NREP have agreed on the implementation of rental housing projects in Poland valued at nearly EUR 100 million

    YIT Corporation Investor News 28 June 2021 at 09:00 a.m.YIT and NREP, the leading real estate investor and developer in the Nordic countries, have agreed on the construction of rental housing projects in Poland. The agreement concerns just over 1,000 apartments and its value is approximately EUR 100 million. The agreement will be added to the order book for the third quarter of 2021.  “Our strategic objective is to accelerate the development of multi-phase area projects by implementing some of the project phases as rental housing projects in cooperation with institutional investors.

    YIT buys a plot in Gdańsk, expanding its operations in Poland to a new city

    YIT CORPORATION Press release, September 12, 2019, at 12:55 p.m.YIT has bought an approximately 1.55-hectare plot near the historical centre of Gdańsk, Poland, next to the European Solidarity Centre. YIT is planning a nearly 40,000 m² mixed-use project for the plot, comprising business premises and apartments for sale and to let. The project will be executed in several stages. The total sales value of the project is in excess of EUR 100 million. YIT started its operations in Poland in 2015. Until now the company has operated only in Warsaw. “Gdańsk is an important new initiative

    YIT acquired a plot in Warsaw, Poland

    YIT Corporation Press Release October 20, 2016 at 9:00 a.m.YIT acquired a plot for an area development project in Warsaw, Poland. The acquired plot is located in Warsaw’s Białołęka district in the north eastern part of the city. The project consists of over 400 apartments and will be executed in 4 stages. Construction of the first phase is estimated to start in the fourth quarter of 2017. The plot is on an area of alteration of use and it is approximately 30,000 square metres. The plot acquisition supports YIT’s strategic target to grow business in the CEE countries. YIT started its

    Poland’s first YIT Homes to be built in Warsaw

    YIT is planning to build Poland’s first YIT Homes in Warsaw starting in 2016. The principles and values of sustainable development will be a high priority in the new homes. YIT established a new subsidiary in Poland in summer 2015 with a focus on housing development. The aim is to have the new subsidiary fully operational within one year. The operations in Poland will further solidify YIT’s position as a developer in Central Eastern Europe. Tomasz Konarski has been recruited as the CEO of the newly established subsidiary and tasked with creating the local organisation, finding the

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