Toivo Group Plc has launched an approximately EUR 9 million owner-occupied housing project in Verkkosaari, Helsinki
Press release, 30 July 2026 at 4:00 p.m.
Toivo Group Plc ("Toivo") has launched a construction project worth approximately 9 million euros in Verkkosaari, Helsinki. The project is being carried out in cooperation with Toivo's partner Weston Group ("Weston").
The project includes 27 owner-occupied apartments. The building will be a concrete-framed apartment block with an A-class energy rating.
”Over the years, the cooperation between Weston and Toivo has become seamless, and working with Toivo's professionals goes excellently. I am pleased that we get to build a magnificent building in a prime location in Verkkosaari, Helsinki, right by the sea and canal views,”says Olli Höytö from Weston.
”It is great to continue our smooth cooperation with Weston on this project. It is particularly meaningful to be able to build high-quality and well-designed homes in a wonderful seaside location,”says Toivo's Director of Production, Ville Välkkilä.
The apartments will be completed and handed over to customers in the autumn of 2027.
Toivo Group Plc
Additional information
Markus Myllymäki
CEO
Toivo Group Plc
Tel. 040 8476206
markus.myllymaki@toivo.fi
Olli Höytö
Chairman of the Board
Weston Group Oy
Tel. 044-045 4455
About Toivo
Toivo is a Finnish real estate company founded in 2015, specializing in residential and social infrastructure properties. The company’s business model is unique as it integrates the entire real estate value chain—from property development and construction to ownership, management, leasing, and sales of completed properties. Toivo’s in-house team manages the full lifecycle of a property, from raw land acquisition to lease negotiations and property maintenance.
Toivo’s strategy is to develop clear and efficient properties with strong development margins, stable and attractive returns, and excellent locations. This enables the company to deliver maximum added value to its customers, owners, and stakeholders. Toivo is backed by a skilled and experienced team of professionals with strong credentials in the real estate sector. The team members have collectively been involved in the development and construction of over 17,000 apartments and have an average of ten years of experience in the industry.
In 2025, Toivo’s revenue was EUR 61.7 million and operating profit EUR 8.0 million.