NEWS

YCE Housing I fund has signed agreements with YIT to buy Green City I project in Riga and Ranta Barrandov I project in Prague. Green City I is the fund's first project in Latvia and consists of 100 apartments to be completed in the last quarter of 2019, while Ranta Barrandov I is the fund's third project in the Czech...

YCE Housing I fund has successfully completed the housing development project Vibu 2-4 in Tallinn. In the project, 53 apartments were built in the popular Kalamaja area. All apartments in the project have been sold.

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.

YIT has sold housing projects in Bratislava, Slovakia and Vilnius, Lithuania to YCE Housing I fund which is managed by Vicus Capital Advisors Limited. The value of the projects in total is approximately EUR 25 million, and the sales are recorded in the third quarter of the year.