YCE HOUSING I
YCE Housing I was established in the end of 2016. The fund invests in residential development projects in the capitals of 6 CEE and Baltic countries: Czech Republic, Slovakia, Poland, Estonia, Latvia and Lithuania.
YCE Housing I offers a unique opportunity for diversified investing in attractive housing markets in strongly growing economies. The fund works in close co-operation with YIT, a leading housing developer in the fund's target cities.
The fund's equity is approximately 37 MEUR. During the next few years, the fund is expected to carry out more than 10 projects and develop approximately 1 000 apartments to be sold primarily to private buyers. Investors of the fund include YIT, Ilmarinen Mutual Pension Insurance Company and several private investment companies and family offices.
CURRENT INVESTMENTS
RANTA BARRANDOV I
Ranta Barrandov I is the first phase of YIT's residential project in Prague, Czech Republic. Ranta Barrandov I is located on Wassermannova Street in Prague's district Barrandov.
Ranta Barrandov I includes approximately 140 apartments and it will be completed in late 2020. The Ranta Barrandov project is constructed in two phases.
Read more about the project here.
LOCATION
Prague, The Czech Republic
SIZE
141 apartments
YEAR OF COMPLETION
2020
GREEN CITY I
Green City I is located in Stirnu Street, Riga, Latvia.
The construction of the project was started in April 2018 and it will be completed in the last quarter of 2019. The project will comprise of 100 apartments.
Read more about the project here.
LOCATION
Riga, Latvia
SIZE
100 apartments
YEAR OF COMPLETION
2019
STEIN2
Stein2 is an area development project with YIT developed in 3 phases in Bratislava, Slovakia. Stein2 area project is located in historical part of the city, near the landmark Evangelical Church.
The projects to be constructed in 3 phases which are part of the Stein2 area development project.
The construction of the phase 3 was started in summer 2017 and it will be completed in the third quarter of 2018. The construction of the phases 4 and 5 were started in December, and they will be completed in spring 2019. The phases comprise of approximately 180 apartments in total.
Read YIT's press release here.
LOCATION
Bratislava, Slovakia
SIZE
180 apartments
YEAR OF COMPLETION
2019
KORU VINOHRADSKA
Koru Vinohradska is located close by the city center, 15 minutes by tram. Nearby is the city ring road and the railway station Praha-Strašnice.
The construction of the project was started in October 2017 and it will be completed in summer 2019. The project will comprise of approximately 60 apartments.
Read more about the project here.
LOCATION
Prague, the Czech Republic
SIZE
59 apartments
YEAR OF COMPLETION
2019
NUPPU III
Nuppu III is the third phase of YIT's largest are development in Bratislava, Slovakia. Nuppu area project is
located in Ruzinov district within walking distance from the city's
business district and 10 minutes
(3 km) from the city center.
The project to be completed in summer 2019 will
comprise 106 apartments.
Approximately 1,000 apartments will be constructed in the project in
total. The value of the phase
is over EUR 13 million.
Read YIT's press release here.
LOCATION
Bratislava, Slovakia
SIZE
106 apartments
YEAR OF COMPLETION
2019
SUOMI III
Suomi III is the third phase of YIT's largest area project in Prague, the Czech Republic. Suomi
area project is located in Hloubetin district, Prague 9, one of the
fastest developing parts of the city with good public transport
connections, green areas and versatile services.
Suomi III includes 106
apartments and it will be completed in the end 2018. The whole Suomi area
project consist of over 800 apartments to be constructed in 23
buildings.
Read YIT's press release here.
LOCATION
Prague, the Czech Republic
SIZE
106 apartments
YEAR OF COMPLETION
2018
VIBU VI
Vibu VI is the sixth and last phase of YIT's area project in Tallinn, Estonia.
Vibu area project is located in Kalamaja district next to Lennusadam
(Seaplane Harbour) within walking distance (1 km) from the old town and 2
km from the passenger port.
In the project, 53 apartments and underground parking were built. The project is completed and all apartments have been sold. In total, YIT has built already approximately 300 apartments in the area.
Read more about the project here.
LOCATION
Tallinn, Estonia
SIZE
53 apartments
YEAR OF COMPLETION
2018
NUPPU II
Nuppu II is the second phase of YIT's largest area project in Bratislava, Slovakia. Nuppu
area project is located in Ruzinov district within walking distance
from the city's business district and just 10 minutes (3 km) from the
city center.
Nuppu II includes 106 apartments and it will be completed
in autumn 2018. The whole Nuppu area project consist of approximately
1 000 apartments to be constructed in 10 phases.
Read more about the project here.
LOCATION
Bratislava, Slovakia
SIZE
106 apartments
YEAR OF COMPLETION
2018
TAMMI V
Tammi V is the fifth and last phase of YIT's area project in Bratislava, Slovakia. Tammi area project is located in Dúbravka, 8 km from Bratislava city center. In the neighborhood, there are various sports and playgrounds, skating rinks, tennis courts and recreational areas.
Tammi V includes 148
apartments and it will be completed in summer 2019. The whole Tammi area
project consist of nearly 500 apartments to be constructed in five
phases.
Read more about the project here.
LOCATION
Bratislava, Slovakia
SIZE
148 apartments
YEAR OF COMPLETION
2019
RAITININKU I
Raitininku I is the first phase of YIT's residential project in Vilnius, Lithuania. Raitininku is located nearby Neris river, only 10 minutes (1 km) walking distance from the city center and old town.
Raitininku I
includes 102 apartments and it will be completed in summer 2019. The
Raitininku project is constructed in two phases.
Read more about the project here.
LOCATION
Vilnius, Lithuania
SIZE
102 apartments
YEAR OF COMPLETION
2019
