ARTICLES LABELLED WITH TAG finland
05
Apr
2023
Apr
2023
YIT installs modular bathrooms in Czech flats
In 1.5 years, 275 modular bathrooms have been installed in YIT apartments in the Czech Republic. The developer is expanding the use of prefabrication to other building elements. By incorporating this technology, the company plans to not only improve the quality of its residential projects but also speed up their implementation. At the same time, it expects to have less demand for labour, which is in short supply. In addition to bathrooms, the developer is now also using modular manufacturing for structural elements. The Czech branch of YIT is following in the footsteps of its parent company in Finland, which has been building in this way since the 1970s, YIT told the press.
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05
Apr
2022
Apr
2022
YIT sells off Russian branch below cost
The YIT Group, which is the largest construction and development company in Finland and has so far operated in 10 countries including the Czech Republic, has completed a strategic review of its business in Russia. Based on this analysis, it signed an agreement with Etalon Group PLC to sell its business in Russia.
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Latest news
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- Romanian investors drive 30% of property deals in 2025
- Cavare sells PRS project in Gdańsk to Urban Partners
- Trigranit extends office lease deal with Ringier Axel Springer in Warsaw
- Panattoni to deliver second Polish facility for Danfoss this spring
- Local investors gain strength as global uncertainty rises
New leases
- EPP's Galeria Sudecka in Jelenia Góra is strengthening its offering with lifestyle and service brands, including a newly opened Fit Style gym, the addition of Rituals Cosmetics and Kodano Optyk, and the expansion of Medicine and Wakacje.pl. The new agreements and renewals in Galeria Sudecka cover almost 1,900 sqm of commercial space.
- Flex office space operator Mindspace announced the signing of a 10-year lease for 4,500 sqm of offices in the Skyliner II tower near Rondo Daszyńskiego in Warsaw.
- Modular Services, an outsourcing company specialising in IT, finance, and cybersecurity operations, has expanded its office space within the United Business Center 3 (UBC 3) building. Part of the Palas mixed-use development, the international firm has doubled its surface area to 1,300 sqm across two floors.
New appointments
- Axi Immo has expanded its Office Agency team to strengthen its presence in southern Poland and Warsaw. Karolina Słysz joins as Head of Regional Markets, bringing 10 years of experience to lead efforts in Katowice, Kraków, and Wrocław. Elżbieta Golik has been appointed Associate Director, leveraging over eight years of expertise in tenant representation. In Warsaw, Filip Kowalski joins as Associate Director, focusing on lease negotiations. Additionally, Anna Piłka-Sutkowska has been promoted to Advisor following four years with the firm. To support these transitions, Natalia Majsterek has been hired as Office Department Coordinator.
- CTP has appointed Cătălin Dit as COO in Romania to strengthen its management team. In this role, he will collaborate closely with Managing Director Ronald Binkofski. Dit brings a wealth of executive experience from the technology and e-commerce sectors, having previously served as CEO, CCO, and Fulfillment Director.
- Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.
