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    YIT launches several residential construction projects during April-June

    YIT Corporation Investor News 21 July 2022 at 09:00YIT has started several residential apartment building projects in Finland and CEE countries in April-June 2022. The largest projects launched were As Oy Helsingin Kuninkaanmiekka, As Oy Helsingin Nihdin Kulma, As Oy Helsingin Nihdin Portti, As Oy Espoon Esplanadi, As Oy Helsingin Jalava, As Oy Kuopion Puijonlaakso Hiihtomestari, As Oy Otavallanhovi and As Oy Tampereen Uittoranta. In the CEE countries, the largest projects were Apzeldinimas in Lithuania, the fourth phase of Aroma Park in Poland, the third phase of Zwirn in Slovakia,

    Private employment services company Eezy will become a tenant of the Pasila Maistraatinportti office building

    YIT Corporation Press release 4th of July 2022 at 11:00 a.m.YIT has signed a lease on locating Eezy Plc’s  operations in the Maistraatinportti office building in the Länsi-Pasila district of Helsinki. The building will be fully renovated, including its facade. The current functions of Eezy’s head office will be relocated to the new modern premises of approximately 4,130 m2 in Maistraatinportti once the renovation is complete in September 2023.  Maistraatinportti is a building completed in 1987 that used to house magazine publishers, and its original unique

    YIT to build over 300 rental apartments for the OP-Rental Yield fund

    YIT Corporation Investor News 29 June 2022 at 1:30 p.m.YIT and the OP-Rental Yield special fund have signed preliminary contracts on the construction of seven non-subsidised apartment building projects for rental use. The parties have agreed that the total value of the contract will not be published. The projects cover the construction of over 300 rental apartments. Project-specific contracts will be signed before the start of construction for each project. The aim is to start the projects within 2022 and complete them by the end of 2023 or in early 2024. The projects are located in

    YIT, the City of Helsinki, and Senate Properties have signed a settlement agreement to close the Trigoni project

    YIT Corporation Press release 23 June 2022 at 2:00 p.m.Senate Properties and the City of Helsinki, as owners and sellers of the property, and YIT, as the buyer of the property and project contractor, have agreed by mutual consent to terminate the Implementation Contract concerning the Start-Up Area of the Central Pasila high-rise area and the related preliminary contract on the sale of the property signed on 8 February 2019. As a result of the Settlement Contract now signed on 22 June 2022, the obligations of the parties under the Contracts will terminate on mutually agreed terms. "It is

    Natural forest or park is the most preferred type of local nature for most residents of cities

    YIT Corporation Press release 2 June 2022 at 08:30Cities are expected to provide good opportunities for outdoor activities and sufficiently large nature areas as well as maintain biodiversity. For most residents of Finnish cities, their preferred type of local nature is a natural forest or park.Cities are expected to provide good opportunities for outdoor activities and sufficiently large nature areas as well as maintain biodiversity. These results are from the Sustainable Urban Environments barometer, which is a survey of more than 1,000 Finnish city dwellers commissioned by YIT

    YIT started several residential construction projects in January–March 2022

    YIT Corporation Investor News 27 April 2022 at 9:00 a.m.YIT started several residential apartment building projects in Finland and the CEE countries in January-March 2022. The largest of the new projects in Finland and the CEE countries included As Oy Espoon Harmaaniitty, As Oy Hämeenlinnan Tempo, As Oy Helsingin Gunnel, As Oy Helsingin Berkka, As Oy Tampereen Kanavansilta, as well as the 10th phase of the Piliamiestis project in Kaunas, Lithuania, and Magnolia 2 in Bratislava, Slovakia. The total value of the aforementioned largest projects is close to EUR 130 million. The start-ups

    Glazed balconies gain more and more popularity

    YIT Corporation Press release 7 April 2022 at 08:30 a.m.Two out of three Finnish city dwellers* (70%) would prefer an apartment with a glazed balcony, even if it made the apartment more expensive. Meanwhile, 18% of city dwellers would prefer a shared courtyard for the housing company and a cheaper apartment over having their own balcony. The popularity of glazed balconies has soared within the past three years. Last year, the corresponding figures were 67% and 21%, and the year before that, 65% and 24%. These results are from the Sustainable Urban Environments barometer, which is a

    YIT received the highest score for customer satisfaction in new residential construction yet again

    YIT Corporation Press release March 21, 2022, at 6:15 a.m.YIT’s customer satisfaction (78.1) is the highest in the construction industry. The difference to the industry average (76.4) is nearly two index points.  The results are from EPSI Rating’s Uudisasuntorakentaminen 2021 (Construction of new residential units) survey* that the Confederation of Finnish Construction Industries RT and its largest members carry out annually. The survey measures how satisfied home buyers are with construction companies. The results are measured on an index of 0–100, where 75 is a very good level. YIT has

    YIT donates EUR 100,000 to help the victims of the war in Ukraine

    YIT Corporation Press release 18 March 2022 at 09:00 a.m.YIT’s Board of Directors decided on a donation of EUR 100,000 to help the people of Ukraine. The donation will be allocated to the Ukraine Disaster Relief Fund of the Finnish Red Cross, which will provide humanitarian aid to those affected by the war and those fleeing the war.  “The Russian military attack has led to great human distress and suffering in Ukraine. We are very shocked by these recent events and our thoughts are with the people of Ukraine,” says Markku Moilanen, the CEO of YIT Corporation.   “We are all touched and

    Ukrainian relief coordination centre gets premises in Vallila

    YIT Corporation Press release 14 March 2022 at 12 p.m.The centre, which will be located in Vallila, will act as a shared space for several relief organisations and as an information and assistance point for people who fled the war in Ukraine. The difficult situation in Ukraine has led many private Finns and companies to take action to help the country and its citizens in the midst of the war. YIT will provide premises to the Ukrainian Association in Finland in the Sturenportti property that is developed in Vallila, Helsinki. Several relief organisations will be operating in the

    YIT has bought two plots in Tapiola, Espoo

    YIT Corporation Press release 4 March 2022 at 09:00 a.m.YIT has bought two plots from LähiTapiola, located in Tapiola, Espoo, in the immediate vicinity of the shopping mall AINOA and the Tuultenristi area development project, at Itätuulenkuja 6 and 8. Two projects are planned for the plots, with a total permitted building area of approximately 11,000 floor square metres. A total of about 150 apartments and a couple of commercial premises will be built in the area. The planning of the projects has started and the next step is to apply for building permits for the projects. The aim is

    Almost everyone who works remotely will want to determine for themselves when and where they work

    YIT Corporation Press release February 9, 2022, at 8:30 a.m.As many as 72% of employees living in Finnish cities who work remotely each week want to continue working remotely as much as possible*. The figure has increased from the previous year (64%). This result is from the Sustainable Urban Environments barometer, which is a survey among more than 1,000 Finnish city dwellers commissioned by YIT and conducted by Prior Konsultointi in September 2021. The barometer survey was aimed at revealing the types of urban environments Finns would like to see developed. The participating city

    YIT started several residential construction projects in October–December 2021

    YIT Corporation Investor News 21 January 2022 at 9:00 a.m.YIT started several residential apartment building projects in Finland, the CEE countries and Russia in October–December 2021. The largest projects started in Finland and the CEE countries during the period were As Oy Helsingin Presso, As Oy Espoon Bulevardi, As Oy Tampereen Teekkari, As Oy Helsingin Waltari, As Oy Espoon Prenikka, As Oy Tampereen Ylärima, As Oy Tampereen Kanavanluotsi and Tornio, which is part of the Lappi Hloubetin project in Prague, Czech Republic. In Russia, YIT began construction on two new apartment

    City dwellers wish to have their own sauna, more storage space and a separate home office

    YIT Corporation Press release 20 December 2021 at 08:30 a.m.In 2021, the popularity of private saunas within apartments has increased among people living in terraced houses and apartment buildings in cities. This year, clearly more than half* (56%) said they wanted a sauna in their own apartment, even though it takes up space. The figure has risen steadily from 2019, when it was 50%, and from 2020, when it was 52%. This year, the statement “I would rather use the housing company’s shared sauna and allocate the space in my apartment for something else” was chosen by 31% of the

    Moving to a surrounding municipality considered to an increasing extent by people living in Helsinki, Espoo and Vantaa

    YIT Corporation Press release, 7 December 2021 at 09:00 a.m.Sipoo would be the most popular choice for Helsinki residents, whereas Kirkkonummi would be the most popular choice among Espoo residents and Tuusula or Kerava among the residents of Vantaa. The willingness of Helsinki, Espoo and Vantaa residents to move to the surrounding municipalities has increased during 2021. This result is from the Sustainable Urban Environments barometer*, which is a survey among more than 1,000 Finnish city dwellers commissioned by YIT and conducted by Prior Konsultointi in September 2021. The

    YIT, HGR and Ilmarinen aim to establish a joint venture regarding real estate development activities in Keilaniemi

    YIT Corporation Press release, 2 December 2021 at 1.00 p.m.YIT, HGR Property Partners and Ilmarinen have signed a transaction agreement with the aim of establishing a joint venture for the development of significant real estate projects in Keilaniemi. The parties have agreed to transfer both Regenero’s, which is HGR’s and YIT’s current joint venture, and Ilmarinen’s current development projects in Keilaniemi to the new joint venture under establishment.  ”The joint venture provides YIT with the possibility of executing its newly released strategy. YIT will function as the turnkey

    Concern over climate change has increased among young people

    YIT Corporation Press release November 25, 2021 at 9:00 a.m.The older generations seem to be less concerned than last year, the Sustainable Urban Environments barometer reveals. The residents of major Finnish cities are slightly more concerned about climate change than last year.This year, 72 per cent of the respondents are extremely, very or fairly concerned about climate change. Last year, the corresponding figure was 66 per cent and in 2019, it was 68 per cent.Among women, 80 per cent are very concerned, extremely concerned or fairly concerned, compared to 62 per cent among men.

    YIT commits to Science Based Targets initiative as the first Finnish construction company

    YIT Corporation Investor news 19 November 2021 at 10:00 a.m.YIT commits to the Science Based Targets initiative (SBTi) to limit global warming to 1.5 degrees in line with the Paris Climate Agreement. YIT is the first Finnish construction company to formally commit and seek validation for its targets by the SBTi.  SBTi requires companies to reduce emissions both in its own operations and value chain. By committing to the SBTi, YIT strengthens its climate work and updates its current climate targets to be more comprehensive, also contributing to YIT's customers' emission reductions.

    The construction of wooden apartment buildings reflects the long tradition of timber-based construction

    YIT Corporation News 16 November 2021 at 09:00 a.m.The Rantapuisto wooden apartment building pilot project will be completed by the end of 2021 in Tampere’s Niemenranta district. What advantages does timber-based module construction offer?  The convenience of living in an apartment building, the eco-friendly and cosy qualities of a wooden building, heated economically with geothermal heat, on the shore of Lake Näsijärvi. Severi Kohtala from Tampere is one of the 23 lucky apartment owners of the wooden apartment building As Oy Tampereen Rantapuisto.  Kohtala was looking for an

    Fully renovated Hamburger Börs in Turku to reopen

    YIT Corporation News 1 November 2021, 1:00 p.m.A comprehensive construction project that started in 2019 is now complete and Scandic Hamburger Börs will open on 1 November.  When the planning started roughly four years ago, building owner LähiTapiola, construction company YIT and hotel operator Scandic were first thinking about renovating the market-facing building. In the end, however, it was decided to demolish the old building and construct a new building in its place. The hotel building, which was added to the old Börs in the 1970s, has now been demolished and replaced by a

    YIT again ranked as the most attractive construction industry employer among engineering professionals

    YIT Corporation Press release 28 October 2021 at 14:00 p.m.Professionals in the field of engineering ranked YIT as the most attractive employer in the construction industry in the Universum Professionals Survey for the second consecutive year. According to the Universum Student Survey published in May, YIT was the most attractive employer in the construction industry for the third consecutive year.  YIT continues to be the most attractive employer for both university-educated professionals and students in the construction industry. In the ranking of most attractive employers for

    YIT started several residential construction projects in July–September

    YIT Corporation Investor News 27 October 2021 at 9:00 a.m.YIT started several residential apartment building projects in Finland and the CEE countries in July–September 2021. The largest projects started during the period were Asunto Oy Kuopion Kruuna, Asunto Oy Vantaan Viikuna, Asunto Oy Espoon Kronos, Asunto Oy Oulun Telegrammi, Asunto Oy Espoon Katajakallio, Asunto Oy Helsingin Friidu, the first phase of the Smartti Mokotów project in Warsaw, Poland, the Zurawie project in Gdańsk, Poland, Magnolia 1 in Bratislava, Slovakia, the VESI project in Prague, Czech Republic and phase II Ranua

    Nearly 60% of parents plan to make changes to their housing after their children move out

    YIT Corporation Press release 16 September 2021 at 09:00 a.m.YIT surveyed the attitudes of Finnish parents towards an empty nest. Many parents dread the thought of a quiet, empty house but also find they have more time for themselves and a better relationship with their children. The most common changes planned by parents include moving to a smaller home and renovating the family home. Among Finnish parents, 38% worry that they will suffer from empty nest syndrome when their children move out. In reality, only 25% of parents whose children have moved out report experiencing empty nest

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