Beskrivning
| Land | Finland |
|---|---|
| Lista | Small Cap Helsinki |
| Sektor | Fastigheter |
| Industri | Förvaltning |
Intresserad av bolagets nyckeltal?
Analysera bolaget i Börsdata!
Vem äger bolaget?
All ägardata du vill ha finns i Holdings!
Press release, 19 December 2025 at 1 p.m.
Toivo Group Plc has completed a transaction in which it has sold the entire share capital of Asunto Oy Espoon Rock and Asunto Oy Espoon Wood & Terrace to Storebrand Nordic Real Estate II (SNRE II), a fund managed by Storebrand, Norway’s largest and oldest investment manager.
The transaction concerns a modern, recently completed residential property complex located in Espoo’s Saunalahti district, comprising a total of 101 apartments. The properties benefit from excellent transport connections and represent high‑quality, energy‑efficient new construction in line with Toivo’s strategy. The deal was executed as a share transaction. The total transaction value is below EUR 20 million.
Markus Myllymäki, CEO of Toivo Group Plc, comments:
“We are pleased to have completed this transaction with Storebrand, a highly respected and long-term Nordic real estate investor. The transaction aligns with Toivo’s strategy and supports the development of our balance sheet structure as well as the recycling of capital into new projects.”
The fund SNRE II, established in October 2025, is a Nordic real estate fund focused on high‑quality assets with long‑term return potential. The acquisition is part of Storebrand’s expansion into the Finnish market. Sirius Capital Partners is responsible for the management of the properties.
Toivo Group Plc
Further information
Markus Myllymäki
CEO
Toivo Group Plc
Tel. +358 40 847 6206
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 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 2024 was EUR 39,8 million and its operating profit was EUR 4,5 million.