Toivo Group Oyj. Stock Analysis TOIVO.HE

Toivo Group Oyj is a real estate company, which engages in the business of developing apartment lots, constructing housing, and ownership of apartments. The company is headquartered in Espoo, Etela-Suomen and currently employs 50 full-time employees. The company went IPO on 2021-06-11. The firm buys a plot of land, builds a house and leaves it on the balance sheet with the intention of owning it for up to the next fifty years. Toivo Group Oyj's housing portfolio is divided into two parts: for proprieties under development and construction, as well as for completed projects. The firm has around 1,200 apartments under development and around 750 apartments under construction. Toivo Group Oyj is the Group's parent company. Its subsidiaries include Toivo Project Management Oy, Toivo Maat Suomi Oy, Toivo Sweden AB, Toivo Asuntokehitis Oy and Toivo Liiketilat Oy.