Toivo Group Plc strengthens its position in the Leppävaara area in Espoo

Toivo Group Plc (hereinafter referred to as “Toivo” or “the Company”) has strengthened its foothold in Leppävaara, Espoo. A legally valid city plan has been granted for the company’s significant new construction project, which enables the implementation of a new apartment building project with more than 80 apartments. Toivo already has 5 projects under way in the Leppävaara area, covering more than 100 apartments.

 

Leppävaara in Espoo is an important market area for Toivo. Urban development is focused on the area around the railway, and Toivo has had close cooperation with the landowners of Kilonkartano in Espoo. The development work with Kilonkartano has enabled Toivo to play a significant role as a developer of Leppävaara.

 

“We are happy that we have been able to initiate and implement several significant projects in the Leppävaara area in Espoo. We are by far the largest real estate operator in Leppävaara in terms of number of projects. We would especially like to thank Kilonkartano for the long and close cooperation,” says Markus Myllymäki, CEO of Toivo.

 

“As a landowner, it is a pleasure to work with a company whose operations are straightforward, easy and clear. Asemamestari is a good addition to the projects we have developed together,” says Rasmus Burmeister from Kilonkartano.

 

Espoo’s Asemamestari will be implemented in accordance with Toivo’s unique business model. In addition to being the land developer in the project, Toivo is also acting as the builder and owner of the apartments.

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