YIT has started the construction of an office building in connection with the new Lahti bus and freight terminal

YIT has started the construction of an office building in connection with the new Lahti bus and freight terminal

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. Technical and Environmental Services of the City of Lahti will be the main tenant of the property with a long rental agreement, and so far rental agreements cover approximately 85% of the office premises in total.

BW Tower is being built in the immediate vicinity of Lahti railway station, in connection with Lahti bus and freight terminal. In addition to the office premises, YIT will build Finland’s second robot parking facility for some 200 cars next to the BW Tower for office building and Lahti bus and freight terminal connection parking. Robot parking is an automated parking system where cars are stored on compact modular shelves. The benefit of robot parking is that it needs about 50% less space and has lower maintenance and energy costs compared to conventional solutions. The parking is done in a user-friendly parking area.

LEED certification, an internationally recognized certificate of a building’s environmental responsibility, efficiency and healthy working environment, will be applied for the building.

“The combination of the modern and versatile facilities of BW Tower and excellent transport connections have ensured that the property is in high demand among tenants. We are proud to be developing Lahti city centre and contributing to locating new workplaces in connection with the new travel centre,” says Jukka Pohjola, YIT’s regional director in Southeastern Finland.

Illustrations on the project:

http://yit.materialbank.net/NiboWEB/YIT/showCartPublicContent.do?uuid=6141125&random=195394&lang=en

For additional information, please contact:

Sanna Kaje, Vice President, Investor Relations, YIT Corporation, tel. +358 50 390 6750, sanna.kaje@yit.fi
Jukka Pohjola, Vice President, Building Construction Southeastern Finland, YIT Construction Ltd, tel. +358 40 021 6618, jukka.pohjola@yit.fi

YIT CORPORATION

Sanna Kaje
Vice President, Investor Relations 

Distribution: NASDAQ OMX, principal media, www.yitgroup.com

YIT is a construction industry leader. We create better living environments in Finland, Russia, the Baltic countries, the Czech Republic and Slovakia. Over 100 years of experience have secured for us a strong market position: We are the largest housing developer and one of the largest business premises and infrastructure developers in Finland, and the most significant foreign housing and area developer in Russia.  Our vision is to stay one step ahead – while caring for our customers, partners and personnel. We have more than 6,000 employees in seven countries. In 2013, our revenue amounted to nearly EUR 1.9 billion. Our share is listed on Nasdaq OMX Helsinki. www.yitgroup.com