Brief: YIT: New Joint Venture In Czechia

YIT Oyj

15/12/2025 08:04

Dec 15 (Reuters) - YIT Oyj YIT.HE:

YIT STRENGTHENS RESIDENTIAL CEE GROWTH THROUGH NEW JOINT VENTURE IN CZECHIA

PARTIES HAVE AGREED NOT TO DISCLOSE VALUE OF TRANSACTION.

YIT AND ONE FAMILY OFFICE EACH OWN 50% OF NOW ESTABLISHED JOINT VENTURE.

FIRST PROJECT UNDER THIS COOPERATION WILL BE LUMO BRANÍK

CONSTRUCTION IS EXPECTED TO START IN 2026

Source text: ID:nWkr48SWZj

Further company coverage: YIT.HE

 (Gdansk Newsroom)

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