LEMMINKÄINEN CORPORATION PRESS RELEASE 13 OCTOBER 2015 AT 3:00 P.M.
LEMMINKÄINEN TO BUILD APARTMENT BLOCKS FOR THE VVO GROUP IN HELSINKI AND VANTAA
Lemminkäinen is constructing apartment blocks for the VVO Group in Helsinki and Vantaa. The two buildings will house a total of 135 rented Lumo apartments.
The construction work for both buildings has already begun. The apartment block in Kalasatama, Helsinki, will be completed in 2016, and the apartment block in Asola, Vantaa, in 2017.
The parties entered into the agreement on the project in Helsinki in spring 2015, and the project is included in Lemminkäinen’s order book for the first quarter. The parties have agreed not to disclose the value of the projects.
Executive Vice President, Building construction, Finland
Tel. +358 (0)2071 53426
Director, Real Estate Development
VVO Group plc
Tel. +358 (0)20 508 3208
NASDAQ OMX Helsinki Ltd
Together with our customers, we create conditions that make living, working and travelling functional, safe and healthy. We operate in northern Europe and employ about 5,600 professionals. In 2014, our net sales were about EUR 2.0 billion. Lemminkäinen Corporation’s share is quoted on NASDAQ OMX Helsinki Ltd. www.lemminkainen.com