Key Developments: Yit Oyj (YTY1V.HE)

YTY1V.HE on Helsinki Stock Exchange

8.02EUR
10:57am EDT
Price Change (% chg)

€-0.09 (-1.17%)
Prev Close
€8.11
Open
€8.08
Day's High
€8.23
Day's Low
€8.01
Volume
296,908
Avg. Vol
435,381
52-wk High
€11.62
52-wk Low
€7.05

Search Stocks

Latest Key Developments (Source: Significant Developments)

YIT narrows down FY 2014 guidance range
Thursday, 24 Jul 2014 01:00am EDT 

YIT Oyj:Sees FY 2014 Group revenue based on segment reporting to grow by 0–5 percent at comparable exchange rates.Sees FY 2014 operating profit margin based on segment reporting to be in the range of 7.5–8.0 percent excluding non-recurring items.Earlier expected FY 2014 revenue based on segment reporting to grow by 0–10 percent at comparable exchange rates.Earlier expected FY 2014 operating profit margin based on segment reporting to be in the range of 7.5–8.5 percent excluding non-recurring items.  Full Article

YIT starts construction of eight-storey office building in Lahti
Tuesday, 15 Jul 2014 05:00am EDT 

YIT Oyj:Starts construction of eight-storey office building in Lahti.Leasable area of office building named BW Tower is over 7,500 square meters.Building to be completed in autumn 2015.Technical and Environmental Services of City of Lahti to be main tenant of property with long rental agreement.  Full Article

YIT Oyj starts construction of new apartment buildings in St. Petersburg, Russia
Tuesday, 1 Jul 2014 07:00am EDT 

YIT Oyj:Says it has started construction of two new apartment buildings in area development project called Novo Orlovsky in St. Petersburg at end of June.Total value of project is over 70 million euros.Project is due for completion by end of 2017.Value of whole area development project is over 1 billion euros.Novo Orlovsky project involves two 7-storey buildings that will have total of 620 apartments with combined living area of about 31,000 m2.About 2,500 m2 of business premises will be constructed in connection with buildings as well as car park for about 250 cars.Project will also include construction of several car parks, five daycare centres, two schools, shops, pharmacies, sports and leisure centre and other business premises for retail and services.  Full Article

YIT Oyj to sell plots to Hypo Group residential property funds
Friday, 20 Jun 2014 02:00am EDT 

YIT Oyj:Announces plot cooperation with Suomen Osatontti Ky and Suomen Osatontti II Ky, residential property funds administered by Hypo Group.YIT to sell plots and transfer pre-agreements for purchase of plots to Suomen Osatontti Ky and Suomen Osatontti II Ky.YIT to continue developing its projects on plots and pay rent for plots to funds.Plots located in Helsinki metropolitan area and other Finnish growth centres.Plots with combined value of about 25 million euros to be sold in first phase planned for June.Another plots and to be sold and pre-agreements concerning purchase of plots to be transfered in second phase planned for H2 2014, with combined value of about 25 million euros.  Full Article

YIT Oyj to sell right-of-occupancy and rental housing apartments
Monday, 16 Jun 2014 07:00am EDT 

YIT Oyj:Is to sell 51 apartments to Alandsbanken and Avain Asumisoikeus Oy for use as rental and right-of-occupancy housing.The total value of the apartments is about 15 million euros.YIT and Alandsbanken’s residential property fund have agreed on the sale of 35 apartments.The apartments are mainly either completed or close to completion and they are located in different parts of the Helsinki metropolitan area and other Finnish growth centres.YIT and Avain Asumisoikeus Oy have signed an agreement on the sale of 16 apartments in Espoo.These apartments are ready to move in to and will be used as right-of-occupancy housing.  Full Article

YIT to build Lahti's new bus and freight terminal
Friday, 13 Jun 2014 08:00am EDT 

YIT Oyj:Says the company, Sito and the City of Lahti have signed an agreement to build a new bus and freight terminal to Lahti through an alliance model.Total value of the project for YIT is roughly 15 million euros, and it is due for completion in autumn 2015.The long-haul bus terminal together with a freight terminal will be built next to the Lahti railway station.  Full Article

YIT starts second phase of apartment building project in Yekaterinburg, Russia
Wednesday, 4 Jun 2014 02:02am EDT 

YIT Oyj:Starts the second phase of the apartment building project called Forest in Yekaterinburg, Russia.Total value of the second phase about 13 million euros, and it is due for completion in late 2015.Value of the entire project is just under 30 million euros.  Full Article

YIT Oyj to start construction of four residential projects for TA-Yhtiot
Tuesday, 3 Jun 2014 03:00am EDT 

YIT Oyj:Says it has signed agreements with TA-Asumisoikeus Oy and TA-Yhtyma Oy for construction of four residential projects in metropolitan area.Total value of the projects is about 20 mln euros, and will be completed during 2015.There will be a total of about 100 apartments in the properties designed by YIT on its own plots, with a total living area of about 6,500 square meters.Agreements made with TA-Asumisoikeus Oy cover two terraced house projects and one apartment building project where right-of-occupancy flats will be constructed.Agreement made with TA-Yhtyma Oy covers one apartment building project to be constructed as rental flats.  Full Article

YIT to build rental housing for EUR 30 mln
Wednesday, 28 May 2014 08:00am EDT 

YIT Oyj:To start construction of two non-subsidised rental housing projects in Jarvenpaa.The projects are one for ICECAPITAL Housing Fund III Ky and one for VVO Kodit Oy.Total value of the projects about 13 million euros.Expects the projects to be completed in autumn 2015.In total the projects will contain close to 80 apartments, with a total living area of about 4,000 square metres.Says has additionally won VVO Kodit Oy's bidding on the construction of a non-subsidised rental housing project in Lahti.Project value about 17 million euros.Expects the project to be completed by the beginning of 2016.The four apartment buildings will contain about 130 apartments, with a total living area of slightly under 7,000 square metres.  Full Article

YIT starts new apartment building project in Russia
Monday, 26 May 2014 08:00am EDT 

YIT Oyj:Says YIT CityStroi, the company's Russian subsidiary, starts construction of a new apartment building project, Apila.The project is located in Uspensky, the Odintsovo district, some 20 kilometres west of the Moscow Ring Road.The project will comprise close to 200 apartments, with a total floor area of about 9,000 floor square metres.Total project value about 15 million euros.Expects the project to be completed in late 2015.  Full Article

NORDIC STOCKS - Factors to watch on March 4

HELSINKI, March 4 - The following stocks may be affected by newspaper reports and other factors on Tuesday:

Search Stocks