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