YIT implemented the first LEED certified logistics building in Finland

YIT implemented the first LEED certified logistics building in Finland

Real estate company Tiilitie Logistics East, implemented by YIT, has been granted the international Silver-level LEED for Core and Shell environmental certificate. The 11,800 m² logistics building was completed last autumn and it is owned by UBS Global Real Estate. The building is one of the two logistics buildings in the Petikko business park in Vantaa, Finland. The total approximate value of the buildings is EUR 40 million.

Tiilitie Logistics East is the first LEED certified logistics building in Finland and also a Nordic pioneer. The main factors for obtaining the certificate include the building's energy efficiency and environmental friendliness and its location along good public connections, as well as the rainwater and service water management solutions.

”UBS Global Real Estate has many years adopted a holistic approach to harmonize financial goals with environmental and social challenges for our investments. The certification of Tiilitie Logistics in Vantaa is another great achievement and important milestone on the way to implement our responsible property investment strategy in our real estate funds,” says Michael Loose, Head of Construction and Development Europe, UBS Real Estate Kapitalanlagegesellschaft mbH.

"We are very happy at being able to provide logistics premises in Finland that meet the requirements of the challenging LEED certificate. Encouraged by this, we want to build our future prime locations in logistics to meet the LEED requirements. Examples include the now completed 17,000 m² Tiilitie Logistics West and the logistics locations in the Aviapolis area in Vantaa," says Jukka Hanhilahti of YIT logistics construction services.

For further information, please contact:

Jukka Hanhilahti, Director, logistics construction services, YIT Construction Services Finland, tel. +358 40 557 6514, jukka.hanhilahti@yit.fi

Laura Silander, LEED Green Associate, YIT Construction Services Finland, tel. +358 50 440 2235, laura.silander@yit.fi

YIT Corporation

Kristina Broman                 
Acting Vice President, Corporate Communications     

Distribution: Principal media, local media, www.yit.fi

YIT is celebrating its 100th anniversary in 2012. The company was founded in the Grand Duchy of Finland in 1912. Today, YIT is a leading European service company in building systems, construction services and services for industry. With our 26,000 professionals, we serve our customers in 14 countries: in the Nordic and Baltic countries, Central Europe and Russia. We have grown together with our customers and developed our services as societies have changed. We intend to continue on that path. Our vision is to lead the way in creating and maintaining good living environments. In 2011, YIT's turnover was approximately EUR 4.4 billion. YIT's shares are listed on NASDAQ OMX Helsinki. www.yit.fi

 LEED, i.e. Leadership in Energy and Environmental Design is a certification system developed by the U.S. Green Building Council (USGBC®) with the goal of promoting green construction and making it more effective at the international level so that it is easy to see which locations better account for environmental and health effects. LEED specifies and itemises the measured features for building design and construction, as well as operation and service.