YCE Housing I acquires in Prague and Bratislava

YCE Housing I fund acquires Koru Vinohradska and Stein2 development projects from YIT in Prague, the Czech Republic and in Bratislava, Slovakia. The value of the projects is approximately EUR 50 million.

The projects to be constructed in the city center of Bratislava are the third, fourth and fifth phases on Stein2 area development project. The phases comprise of approximately 180 apartments in total.

The project to be constructed in Prague is Koru Vinohradska. 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 YIT's press release here.