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Newsec Asset Management Oy has been chosen to be the Commercial Manager of the shopping and office center Dixi which is under construction in Tikkurila. On the 1st of July 2014, Newsec and YIT have made an agreement on an overall commercial management service package which will cover the first phase of the shopping center part of Dixi, opening at the turn of the year 2014-2015.

YIT starts the construction of a new apartment building project named Park in Moscow Oblast. The project is located in Krasnogorsk city, approximately 4 kilometers from the Moscow ring road. The total value of the project is approximately EUR 60 million, and it is due for completion by the end of 2016.

YIT has started the construction of an eight-storey office building in Lahti in June. The leasable area of the office building named BW Tower is over 7,500 square metres, and it will be completed in autumn 2015.

YIT's housing Project 'Akacijas' was rewarded in a category of "the most energy efficient building in Latvia" contest. The competition is organized by the Ministry of Economics of the Republic of Latvia, the Ministry of Environmental Protection and Regional Development of the Republic of Latvia and the magazine Buvinzenieris. The competition was organized for the 4th time.

YIT will sell 51 apartments to Ålandsbanken and Avain Asumisoikeus Oy for use as rental and right-of-occupancy housing. The total value of the apartments is approximately EUR 15 million.

YIT, Sito and the City of Lahti have signed an agreement to build a new bus and freight terminal to Lahti through an alliance model. The total value of the project for YIT is roughly EUR 15 million, and it is due for completion in autumn 2015.

YIT started the second phase of the apartment building project called Forest in Yekaterinburg, Russia. The apartment building complex is located in the UNTS area in the northwestern part of Yekaterinburg, approximately seven kilometres from the city centre. The total value of the second phase, which has now been started, is approximately EUR 13 million, and it is due for completion in late 2015.

YIT has signed agreements with TA-Asumisoikeus Oy and TA-Yhtymä Oy for the construction of four residential projects in the metropolitan area. The total value of the projects is approximately EUR 20 million, and they will be completed during 2015.

PRESS RELEASE 28 May 2014 at 17:00

YIT will start the construction of two non-subsidised rental housing projects in Järvenpää, one for ICECAPITAL Housing Fund III Ky and one for VVO Kodit Oy. The total value of the projects is approximately EUR 13 million, and the projects will be completed in autumn 2015.

YIT Reding, the subsidiary of YIT in Slovakia has won two of the three main jury prizes in ASB Gala held in Bratislava. YIT was selected as a Developer of the Year 2014 and the Construction company of the year 2014. The eight time held ASB Gala is highly valued venue in the construction business and architecture in Slovakia.