Kurs & Likviditet
Beskrivning
| Land | Finland |
|---|---|
| Lista | First North Finland |
| Sektor | Fastigheter |
| Industri | Förvaltning |
Press release, 27 June 2024 at 14:00
The site will be comprised of 17 apartments, that will be sold as owner-occupied homes to consumers. The site is located right in the heart of Espoo centre, with good transport connections and daily services nearby.
“We have succeeded in developing a distinctive courtyard on the rocky plot, which is also the origin of the site’s name As Oy Espoon Alppirinne”, says architect Janne Jylkäs, who designed the site.
“Espoon Alppirinne has its own plot and district heating as the heat source. These will help to keep the living costs reasonable. Estimated time of completion of the homes is in December 2025”, tells project manager Jorma Piironen, who led the design of the site.
Toivo Group Oyj
Further information
Markus Myllymäki
CEO
Toivo Group Oyj
Tel. +358 (0)40 8476206
markus.myllymaki@toivo.fi
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 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 way Toivo is able to generate additional value to 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, and in this way enable long-term ownership and the generation of higher additional value to 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.