YIT SELLS STAGE III OF KOSKELO TRADE PARK IN FINLAND TO HANSAINVEST

 YIT SELLS STAGE III OF KOSKELO TRADE PARK IN FINLAND TO HANSAINVEST 

On 3 July 2009, YIT Construction Ltd sold the third construction stage of Koskelo Trade Park in Koskelo, Espoo, to Hanseatische Investment GmbH. The transaction was completed as the closing terms of the previously signed sales agreement were met. After this transaction, the German company HANSAINVEST will own the property in its entirety. 

Koskelo Trade Park includes three buildings, which were constructed in stages between 2006 and 2009. Several tenants will be located in each building. The companies to move into the third stage building that will be completed this week are Oy Sika Finland Ab, Nilfisk-Advance Oy Ab, Barfix Oy and Oy Finn-Gamec Ab. 

YIT is also expanding the Trade Park concept to the adjacent plot, where small companies will benefit from space and service solutions that are usually only available to large companies. The companies can include office and commercial space in connection with their warehouse. 

For additional information, contact: Seppo Martikainen, Vice President, Transactions, YIT, tel. +358 (0)20 433 2905, seppo.martikainen@yit.fi  HANSAINVEST, Nils Keggenhoff, Senior Manager Acquisitions & Sales,  puh. + 49 (0)151 16 74 46 55, nils.keggenhoff@hansainvest.de



YIT CORPORATION 

 Virva Salmivaara Senior Vice President, Corporate Communications 

 Distribution: principal media, www.yitgroup.com 



YIT is a successful European service company in building systems, construction services and services for industry. We build, develop and maintain quality living environments in Nordic countries, Russia, Baltic countries and Central Europe. In 2008, YIT's revenue amounted to EUR 3.9 billion. The Group employs about 25,000 people. YIT's share is listed on NASDAQ OMX Helsinki.
www.yitgroup.com