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Press release

YIT Oyj: YIT selected as development phase partner for Jätkäsaari swimming and sports center

YIT

YIT Corporation Investor News November 27, 2025, at 12:00 noon

The City of Helsinki's Urban Environment Division has chosen YIT as the development phase partner for the Jätkäsaari swimming and sports center. The project will begin with a development phase and will be carried out as a collaborative project management contract. The estimated total value of the construction contract for YIT, which aims to proceed to the implementation phase after development, is approximately EUR 87 million. The exact value will be confirmed during the development phase. 

The development phase will start in November 2025 and is expected to last until August 2026. At the end of this phase, a decision will be made on moving to the implementation phase, which is estimated to take about three years. 

The new building, with a gross area of approximately 21,000 square meters, will serve sports clubs, associations, local schools, independent fitness enthusiasts, and the City of Helsinki's own guided activities such as swimming lessons and water aerobics. Plans for the swimming and sports center include a 50-meter pool, a water play area, a ball game hall, a gym, other group exercise and training spaces, and a rooftop terrace for free movement. 

"We are pleased to have found a partner with strong expertise and the capacity to deliver a demanding construction project in the heart of Jätkäsaari. Throughout the tendering process, we prioritized quality to ensure a highly skilled team would lead the development phase and that the project is set up for success," said Jean Toljander, Project Director for the City of Helsinki.  

"We are proud to apply our technical capabilities and sustainable construction principles to the Jätkäsaari Swimming and Sports Center project. In close collaboration with the City of Helsinki, we will prioritize energy efficiency, circular economy practices, and the diverse needs of the center's users," said Peter Forssell, EVP of YIT's Construction segment. 

The project follows the City of Helsinki's ambitious targets for ecologically sustainable construction, prioritizing low-carbon materials, renewable energy, and energy performance beyond mandatory standards. Its carbon footprint will be further reduced through the use of low-carbon ready-mix concrete, waste-heat recovery systems, and locally generated renewable energy. 

Accessibility, diversity, and equality are central to the building's design. The swimming hall is planned to support a broad spectrum of user needs, from swimming instruction and fitness training to competitive swimming, adapted physical activity, and various forms of aquatic exercise. 

Read more: Jätkäsaari Swimming and Sports Center, City of Helsinki

For further information: 

YIT Corporate communications, tel. +358 44 743 7536, press@yit.fi

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com  

We build and develop sustainable living environments: functional and attractive homes, future-proof public and commercial buildings, infrastructure to support the green transition as well as industrial, production, and energy facilities to support our customers' processes. YIT's vision is to be the expert partner in developing sustainable homes, spaces, and cities - for a good life. There are approximately 4,100 professionals in our team and our revenue in 2024 was EUR 1.8 billion. YIT Corporation's shares are listed on Nasdaq Helsinki. 

Read more: www.yitgroup.com and follow us on Linkedin I X I Instagram I Facebook

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