YIT has commenced many residential apartment building projects in Finland and Central and Eastern Europe (CEE) countries in April-June this year.

Among the largest projects commenced 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.

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In the CEE countries, the company’s largest projects were Apzeldinimas in Lithuania; the Phase IV of Aroma Park in Poland; the Phase III of Zwirn in Slovakia; House Bach and Happi Milanska in Czech Republic.

The combined value of these projects is over €300m.

These residential projects have been registered by the company in Q2 of this year.

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Earlier this month, YIT began the construction of the second phase of the Järvenpää Bulevardikortteli block.

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The phase will see construction of business and service premises for HUS.

The property has been sold to OP-Public Services Real Estate special fund.

YIT signed an agreement for the sale of the complete share capital of Kiinteistö Oy Järvenpään Perhelä 5 to OP-Public Services Real Estate special fund.

The value of the deal is around €10m.

The building in the second phase is being completed for use by the joint municipal authority of the Hospital District of Helsinki and Uusimaa HUS.

The size of the premises is around 2,000m2.

Construction of the building is slated to complete in autumn 2023.

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Image: The combined value of the residential projects is over €300m. Credit: F. Muhammad from Pixabay.