Helsinki, 2012-05-28 10:30 CEST (GLOBE NEWSWIRE) -- YIT has launched the construction of two new apartment buildings near the Bitsa natural park in Moscow, Russia. The two separate buildings are 10-storey and 15/17-storey and will have a total of 212 apartments. The combined surface of the buildings is 12,300 square metres, and the lower floors will include 700 square metres of other premises. The sales of the apartments commenced in April 2012 and the plan is to commission them during the fall in 2014.
The residential complex is called Zelenyj bereg ("Green Shore") and will be built by CityStroi, YIT's Moscow-based subsidiary. The apartments are individual, and their floor solutions can be modified as the residents prefer. Young families in particular will be offered smaller apartments, starting from 34 square metres. In addition, the site will have an underground parking garage and an outdoor parking area for visitors.
Zelenyj bereg is expected to be particularly popular among those who appreciate nature. The Bitsa Park is the second-largest nature preserve in Moscow and it provides excellent recreational and outdoor activity options for the future residents. The well-known pond area of the park is situated near the buildings. The appeal of the residential complex is increased by modern services, excellent connections and a magnificent view of the park from the apartments.
Residential buildings constructed by YIT in Moscow are highly preferred locations for their high quality and good design. The locations have also won several distinguished local construction sector awards.*)
For more information, please contact:
Viktor Luha, General Director, YIT CityStroi, e-mail viktor.lukha@yit.ru, tel. +7 499 726 6105
Teemu Helppolainen, business group director, Moscow and Russian regions, e-mail teemu.helppolainen@yit.ru, tel. +7 915 316 8216
YIT CORPORATION
Kristina Broman
Acting Vice President, Corporate Communications
YIT is celebrating its 100th anniversary in 2012. The company was established 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. Our 26,000 professionals serve customers in 14 countries in the Nordic and Baltic countries, Russia and Central Europe. We have grown together with our customers and developed our services in line with the changes taking place in different societies. We intend to continue on that track. Our vision is to lead the way in creating and maintaining good living environments. In 2011, YIT's revenue was approximately EUR 4.4 billion. YIT's shares are listed on NASDAQ OMX Helsinki. www.yit.fi www.yitgroup.com, www.yit.ru
YIT CityStroi is a Moscow-based residential building company founded in 2005. The company constructs residential buildings in Moscow and the western part of the Moscow region. www.yit-moscow.ru
*) YIT's sites in Moscow have won the following awards, among others:
”Best residential complex in the business class” according to the Urban Awards 2010 publication (Aksioma)
Finalist for the ”Property market records” prize in 2011 in the category "Number one residential location in Moscow" (in the business and economy categories, Holmogory)
Finalist for the Urban Awards 2011 prize in the category: "The economy class residential complex of the year, Moscow” (Holmogory)