YIT to build student housing in Vaasa, contract worth EUR 15 million
YIT and the Vaasa Student Housing Foundation (VOAS) have signed an agreement for the construction of new student apartments in Vaasa. The contract value for YIT is approximately EUR 15 million.
Construction company YIT has entered into an agreement with the Vaasa Student Housing Foundation (VOAS) for the development of new student housing in the Palosaari area of Vaasa. The total contract value for YIT amounts to approximately EUR 15 million.
The project will be executed as a design-build contract, meaning YIT will also be responsible for the design phase. Construction is scheduled to commence in the summer of 2026, with completion expected in the summer of 2028. The contract will be recorded in YIT's order backlog for the third quarter of 2026.
Further details regarding the specific scope or the number of apartments included in the project were not disclosed in the announcement by the construction firm.