YIT is launching the construction of a self-developed residential project, Asunto Oy Helsingin Taikalyhty, in the Hermanni district of Helsinki. The project will consist of three six-storey apartment buildings, offering a total of 52 new homes. The value of the project is approximately EUR 21 million. Construction will begin in August, and the site is expected to be completed by the end of 2026. 

The Taikalyhty buildings will provide around 3,400 square metres of living space. Apartment sizes range from 33 to 96.5 square metres, with a variety of floor plans available, from studios to spacious family homes. Large windows are positioned to maximise natural light in each apartment. 

Residents of Taikalyhty will enjoy high-quality shared spaces, including a rooftop landscape sauna in building A with a glazed balcony for cooling off, and a lounge-style club room with access to a rooftop terrace. Everyday living is made easier with thoughtfully designed shared facilities, including a laundry room, drying areas, storage for outdoor gear and prams, and a bicycle maintenance room equipped with a wash station, perfect for cleaning strollers or even muddy paws. 

The project is designed in accordance with the EU taxonomy and meets energy class A standards. Heating and summer cooling will be provided by geothermal energy. Apartment-specific monitoring of hot and cold water consumption supports water conservation. A carbon footprint calculation was carried out during the design phase to guide the selection of environmentally friendly materials and solutions. During construction, only renewable electricity will be used, and at least 75% of construction waste will be sorted for recycling. 

"We're delighted to launch a new YIT self-developed project in Helsinki. There is clear demand for high-quality new homes in the city. Taikalyhty is located close to the excellent services and transport connections of Kalasatama," says Esa Turkka, Vice President of YIT Residential, Helsinki Metropolitan Area unit. 

"In Taikalyhty, special attention has been paid to the functionality of the apartments. All homes offer clearly defined spaces for different activities. Even studio apartments have distinct areas for cooking, relaxing and sleeping. Storage solutions such as kitchen cabinets, wardrobes and closets are scaled to the size of each apartment to ensure sufficient space for every resident," Turkka adds. 

The three lush courtyards of Taikalyhty offer spaces for relaxation, play and peaceful moments. Plant selections have been made with biodiversity, sustainability and ease of maintenance in mind. 

Read more: Apartments for sale in Helsinki, Hermanni - Helsingin Taikalyhty - YIT | YIT.fi

For more information: 

YIT Group Communications, tel. +358 44 743 7536, press@yit.fi

We build and develop sustainable living environments: functional and comfortable real estate as homes, public and commercial buildings for future needs, infrastructure to promote the green transition, and industrial, production and energy facilities to support our customers' processes. YIT's vision is to be the most competent partner in the development of sustainable homes, facilities and cities - for a good life. The company employs around 4 100 professionals, and in 2024 our turnover was EUR 1.8 billion. YIT's shares are listed on Nasdaq Helsinki. 

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