YIT Oyj: YIT contracted by A-Kruunu to build an apartment building worth EUR 13 million in the center of Jyväskylä

YIT and A-Kruunu have agreed on the construction of rental apartments subsidized with a long-term interest subsidy in the center of Jyväskylä. A-Kruunu is a state-owned special assignment company that builds affordable rental housing. The earthworks will start in August 2025, and the project is slated for completion in December 2026. The total value of the contract for YIT is approximately EUR 13 million, and it will be recorded in the order book for the second quarter of the year.

Kiinteistö Oy Jyväskylä Kauppakulman D covers approximately 4,000 square meters of floor space. The project is designed in accordance with the requirements of energy class A. The apartments to be built for A-Kruunu are part of the Kauppakulma regional project.

"The excellent location of Vapaudenkatu in the city center will surely interest future applicants. Residents increasingly value the proximity of services and good transport connections. Downtown living also makes it possible to live without a car, which is also becoming increasingly popular, especially among young residents. It is great that with this project we can continue our excellent cooperation with YIT in Jyväskylä," said Jari Mäkimattila, CEO of A-Kruunu.

"We are currently building an apartment building for A-Kruunu in the Kangas area of Jyväskylä, which will be completed at the beginning of next year. It is great to be able to continue our collaboration with this new apartment building. YIT and A-Kruunu have enjoyed excellent, long-term collaboration in several projects around Finland. The center of Jyväskylä provides an excellent setting for modern living near amenities and good transport connections," says Marjaana Nissilä-Ryytty, Regional Director of YIT.

Read more about living areas in Jyväskylä:
Apartments for sale in Jyväskylä | YIT.fi

For more information:
YIT Group Communications, tel. +358 44 743 7536, press@yit.fi

We build and develop sustainable living environments: functional and comfortable real estate as homes, public and commercial buildings for future needs, infrastructure to promote the green transition, and industrial, production and energy facilities to support our customers' processes. YIT's vision is to be the most competent partner in the development of sustainable homes, facilities and cities - for a good life. The company employs around 4 100 professionals, and in 2024 our turnover was EUR 1.8 billion. YIT's shares are listed on Nasdaq Helsinki.

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