On December 16, 2016, YIT signed an agreement with a care property fund managed by Northern Horizon to implement the Komiakulma care hybrid project in Seinäjoki, Finland. The value of the project is approximately EUR 13 million. Construction began in December and will be completed in spring 2018.
Lexia assisted YIT in planning the structure of the transaction and was an advisor in the negotiations. The Lexia team was headed by Partner Samuli Koskela and Associate Anni Hauta.
The care hybrid is a housing solution specifically for elderly people and in which sheltered housing or rental apartments or a combination of these are built in conjunction with service housing.
We will gladly provide further information:
Partner Samuli Koskela, tel. +358 40 5888 323, email@example.com