Publishing of YIT Corporation’s Financial Statements Bulletin 2024 on February 7, 2025
YIT Corporation Investor News March 13, 2025, at 10:45 a.m.
YIT is starting the construction of the self-developed Asunto Oy Espoon Seaside project in Keilaniemi, Espoo. The 15-storey residential building will have a total of 83 homes. The value of the project is approximately EUR 50 million. Construction will begin in March, and the project is due to be finished by the end of 2026.
The apartments in Espoo Seaside have floor areas of 48–118.5 square metres. The residents will have access to shared workspaces, a lounge and sauna facilities with terraces with a view to the sea and the seaside promenade. Some of the apartments have unobstructed views over the sea and the first-floor homes have large yards facing the sea. The ground floors of two apartments, on the same level with the Waterfront Walkway, feature workspaces 42–49 square metres in size. A cozy children’s playground and a green roof waste room will be built in the yard. A parking hall below the yard deck features 19 parking spaces with electric vehicle charging infrastructure. Plans for Seaside include a shared water sports warehouse for stand-up paddleboards and kayaks with the neighboring building.
The apartments feature underfloor heating and cooling connected to the district heating network and preparedness for an air source heat pump. Some of the homes also have a ceiling radiator panel. Apartment-specific cold and hot water consumption monitoring helps to save water. During construction, only renewable electricity will be used on the construction site. At least 75% of the construction waste at a construction site is being sorted for recycling.
“It’s great to be able to launch YIT’s self-developed project in the Helsinki metropolitan area, with great transport connections. High-quality homes by the sea, along Espoo’s Waterfront Walkway, in the developing Keilaniemi area have been a long-awaited novelty and have aroused a lot of interest already in the pre-marketing phase,” says SVP Harri Isoviita, YIT.
Seaside will be built in a unique residential area built between Keilaniemi’s modern office buildings. There are future plans for a sea swimming pool, waterfront saunas and a stop for scheduled boats to the archipelago in the area. Keilaniemi is served by good connections; the metro is a few minutes’ walk away and shopping centre Ainoa’s services are a four minutes’ metro ride away. The Jokeri Light Rail terminus is approximately 300 metres away.
Read more:
Espoon Seaside - apartments for sale | YIT.fi
For further information:
YIT Corporate communications, tel. +358 44 743 7536, press@yit.fi
Distribution: Nasdaq Helsinki, major media, www.yitgroup.com
We build and develop sustainable living environments: functional and attractive homes, future-proof public and commercial buildings, infrastructure to support the green transition as well as industrial, production, and energy facilities to support our customers' processes. YIT's vision is to be the expert partner in developing sustainable homes, spaces, and cities - for a good life. There are approximately 4,100 professionals in our team and our revenue in 2024 was EUR 1.8 billion. YIT Corporation's shares are listed on Nasdaq Helsinki.
Read more: www.yitgroup.com and follow us on Linkedin I X I Instagram I Facebook