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    YIT to build the first stage of a new business district in Riga, Latvia

    YIT Corporation Investor News 14 March 2023 at 3:30 p.m.YIT and Lords LB Special Fund V have signed a contract on the construction of the first stage of a new business district named Preses Nama Kvartāls in Riga in Latvia. YIT will be the general contractor of the project. The parties have agreed that the total value of the contract will not be published. The work will begin in March 2023 and the project is scheduled to be completed by the end of 2024. The new business district named Preses Nama Kvartāls will be developed and implemented in three stages. The first stage of the

    YIT, Keva and the City of Helsinki to continue joint development of the Maria area – local detailed plan confirmed

    YIT Corporation Press Release 11 January 2023 at 2 p.m.YIT and Keva will continue the development of the Maria area, together with the City of Helsinki, with the local detailed plan now confirmed. The most significant part of the newbuilding construction of Maria has been planned in the southern part of the old hospital campus, where YIT and Keva have a shared planning reservation. The plan allows the construction of a new growth and technology company block of approximately 50,000 square metres of floor area. A significant start-up and growth company campus is planned for the former

    Completion of the first phase of the Järvenpää Bulevardikortteli block developed by YIT

    YIT Corporation Press release 4 January 2023 at 9:00 a.m.The Bulevardikortteli block being constructed in the city centre of Järvenpää, previously known as the Perhelä block, is progressing as planned and people are already moving into the office building. The services of the City of Järvenpää and the public Järvenpää information point providing services and serving as a meeting place will move into the premises. The office building will also house the bank services of OP Uusimaa and the Hospital District of Helsinki and Uusimaa (HUS) health care services.“Building the Bulevardikortteli

    YIT joins as an alliance partner in the Kupittaan kärki partnership project

    YIT Corporation Investor News 5 December 2022 at 4:05 p.m.The City of Turku has selected the Terävin kärki consortium formed by YIT, Lundén Architecture Oy and Arkkitehdit von Boehm – Renell Oy as the winner and the coming development phase partners of Kupittaan kärki partnership project alliance competition. The alliance competition was arranged by the city of Turku. The partners of the consortium in the alliance are COBE AsP, WSP Finland Oy and AFRY Finland Oy. The cost estimate for the alliance contract for the Taito campus, infrastructure project and master plan is approximately EUR 130

    Research: urban residents want to invest in the development of public transport, cycling and walking

    YIT Corporation Press release 21 November 2022 at 9:00 a.m.According to a barometer commissioned by YIT, when asked about the three main modes of transport that urban residents would like to see investment in, the most important in cities are public transport (50% of respondents), cycling (47%) and walking (45%).  The importance of good public transport connections and cycle paths has continued to increase in the appreciation of one’s own residential area from 47% in 2021 to 58% in 2022. Their importance is highlighted in Helsinki, Tampere, Turku, Oulu and Jyväskylä.  Residents want

    YIT takes a significant step towards low-carbon construction

    YIT Corporation Press release 4 October 2022 at 9:00 a.m.YIT is taking a significant step towards low-carbon construction by starting to use Consolis Parma’s low-carbon hollow-core slabs in housing production. In the first phase, the agreement covers the production of apartment buildings by YIT’s units in the Helsinki metropolitan area and Uusimaa. The plan is to gradually expand the agreement thereafter to cover all of YIT’s residential construction operations in Finland.   “We build sustainable homes and living environments. We seek ways to reduce the climate impacts of construction,

    YIT launches the first phase of construction at Seinäjoki station and sells Asematalo to eQ

    YIT Corporation Investor News August 30, 2022 at 04:00 p.m.YIT has sold the share capital of Kiinteistö Oy Seinäjoen Asematalo to the eQ Community Properties real estate fund and signed contract agreements on the construction of the Aallokko family service centre as well as Asematalo, which will include a new passenger hall, in the area of Seinäjoki station. The total scope of the office and business construction project will be approximately 18,000 m2, and YIT’s share of the value of the agreements will be more than EUR 50 million. The agreements will be included in the order book during

    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

    The City of Helsinki has selected YIT as the developer of the Kamppi Health and Well-being Centre

    YIT Corporation Investor News 1 July 2022 at 6:30 p.m.The City of Helsinki has selected YIT as the developer of the Kamppi Health and Well-being Centre. The project will start with a development phase and will be implemented as a cooperative project management contract. The estimated total value of the construction project is EUR 77 million, which may be revised as the development phase progresses. The development phase project will be included in the order book during the third quarter of 2022 after the two week long appeal period. The project encompasses approximately 18,000 gross square

    YIT starts renovation of Maistraatinportti business centre in Länsi-Pasila, Helsinki

    YIT Corporation Press release 12 April 2022 at 10:00 a.m.YIT has started the renovation of the Maistraatinportti property in Länsi-Pasila, Helsinki. The old Otavamedia business centre, located right next to Tripla, will be completely renovated, including the facade, and will provide approximately 12,200 m[2] of office space for rent. At the same time, the property will be converted from a single-user office building to a multi-user building. The building will be completed in autumn 2023. Maistraatinportti will be renovated honoring the original, personal architecture designed by architect

    A city develops continuously

    Construction projects evoke emotional responses. In the case of many projects, people’s desire to exercise influence only emerges when construction has already started, and that is too late. Construction is preceded by years of planning, during which it is easier to engage in urban democracy. Urban Design Manager, Architect Linda Wiksten from YIT underscores the fact that construction decisions are big decisions with a long-term impact. This is why the projects and their planning take a long time. The implementation of construction projects involves a great deal of planning, studies,

    YIT has signed a contract for Sockenplan, a part of the metro extension in Stockholm, Sweden

    YIT Corporation Investor News June 26, 2020 at 1:00 p.m.YIT and the Region Stockholm have agreed on a contract for a part of the metro extension at Sockenplan, Stockholm, Sweden. The construction work will begin in August 2020 and the construction period is approximately 2,5 years. The total value of the project is approximately EUR 40 million, and it will be entered in the order book of the second quarter of the year. The project is part of a larger extension of the Stockholm metro system. Region Stockholm will expand the metro system with 11 new stations and approximately 22 kilometers

    The bright future of suburbs

    YIT Corporation News February 5, 2020, at 9:30 a.m.The word “suburb” may evoke strong preconceptions in people. Studies have shown that the preconceptions of suburbs are bleaker among those who don’t actually live in them. Perhaps it has not caught their attention that many traditional suburbs are now the subject of active development. The term suburb is rarely used in adverts for apartments because of the negative connotations it carries. Nevertheless, suburbs are part of everyday reality for many people. It is estimated that some 1.5 million Finns live in suburban areas. The term

    Popularity of online shopping increases alongside climate concern

    YIT Corporation News December 27, 2019 at 09:00 a.m.Finnish city dwellers express their views on themes such as home, working and urban environment, transport and retail in the Sustainable Urban Environments barometer. Consumers are concerned about climate change, and more and more people turn to the Internet for their shopping. These are some of the results of the Sustainable Urban Environments barometer , conducted for the second time by YIT this year. In the barometer, city dwellers express their views

    YIT chosen as the Garden Helsinki project’s developer partner and constructor

    YIT Corporation Press release 30 November 2018, at 9:30 a.m.Garden Helsinki is one of Finland’s largest urban development projects. Combining housing, entertainment and sports facilities, the new block will create close to a thousand new permanent jobs to Helsinki. The project’s preparation process is moving ahead and YIT has now been selected as its constructor and developer partner. The new meeting place for Helsinkians will combine housing and recreational facilities both inside the block and in its garden-like outdoor space. The city block will host events as well as provide sports

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