Kurs & Likviditet
Beskrivning
| Land | Finland |
|---|---|
| Lista | First North Finland |
| Sektor | Fastigheter |
| Industri | Förvaltning |
Press release, 18 June 2024 at 12:00
Toivo Group Plc (hereinafter referred to as "the Company" or "Toivo") has signed a lease on a project valued at approximately EUR 4.5 million to be constructed in Espoo with Norlandia Päiväkodit Oy ("Norlandia").
Toivo has entered into a long-term triple net rent agreement with Norlandia and will implement a day care centre for six groups in Espoo. The day care centre will be built in Puustellinmäki and will have two floors. In addition to the functionality of the interiors, special attention has been paid to the garden area. A large goahti hut-like building will also be built in the courtyard to support Norlandia's nature pedagogical focus. The aim is that the construction of the site can start as soon as possible and that the building will be operational by the end of 2025 or, at the latest, in early 2026.
Norlandia is one of Finland’s leading providers of early childhood education services, offering its services throughout Finland. The Norlandia Group also produces elderly care homes and home care services in Finland, and operates a patient hotel in connection with the university hospital in Tampere.
"Norlandia is celebrating its 30th anniversary this year. Our business started just a stone’s throw away from this magnificent new project in Puustellinmäki. We are delighted to be able to expand our operations in Espoo to the Leppävaara area. Hope is well aware of our needs as a service provider and the building will fully match our wishes," says Miia Kollin, Country Manager at Norlandia Päiväkodit.
"We want to provide children and early childhood education professionals with comfortable and safe premises and environments where they will be happy to work and learn new things. The collaboration with Norlandia's professionals has been straightforward, and our goal is to continue the good cooperation in future projects," says Perttu Aikkila, Business Director at Toivo.
Toivo Group Plc
Norlandia Päiväkodit Oy
Further information
Markus Myllymäki
CEO
Toivo Group Plc
Tel. +358 40 847 6206
markus.myllymaki@toivo.fi
Miia Kollin
Country Manager
Norlandia Päiväkodit Oy
Tel. +358 (0)40 540 1263
About Toivo
Toivo is a Finnish real estate company that was founded in 2015. Its business consists of project development and long-term ownership of apartments. The Company’s business model is unique as Toivo’s business combines the value chain of the real estate business, from development and construction to ownership, management and rental of a completed property. Toivo manages the entire life cycle of properties with its own team, from raw land development to tenancy agreement negotiations and property maintenance. This ensures that Toivo is able to generate additional value for its customers, shareholders and stakeholders.
Toivo’s strategy is to develop properties in accordance with the Toivo concept. The properties aim for a strong development margin and a stable and attractive return, which enable long-term ownership and the generation of higher additional value for Toivo’s customers. Toivo has a knowledgeable and experienced team of experts with strong merits in the real estate business. The members of Toivo’s team have been involved in the development and construction of over 17,000 apartments, and they have an average of ten years of experience in the real estate business.
Toivo’s revenue in 2023 was EUR 43.7 million and its operating profit was EUR -0.3 million.
About Norlandia
Norlandia Päiväkodit, founded in 1994, is a nationwide producer of early childhood education services. Norlandia offers a stimulating and safe day care environment for around 4,000 children and their families every day, as well as work for around 1,000 early childhood education professionals. The company has almost 40 municipal partners, and its goal is to be the preferred partner for all stakeholders.
Norlandia Päiväkodit is part of the privately owned international Norlandia Health and Care Group. The Group’s business operations cover housing, care and education services throughout the human life cycle as a long-term and responsible service.