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Regulatoriskt pressmeddelande

Resolutions of Toivo Group Plc’s organizing meeting of the Board of Directors

Toivo Group

Toivo Group Plc, Company release 10 April 2025 at 1:00 p.m. 

The Annual General Meeting of Toivo Group Plc (the “Company” and “Toivo”) was held on 10 April 2025 in Espoo, Finland.

The Company’s Board of Directors held its organizing meeting after the Annual General Meeting on 10 April 2025. In the organizing meeting, the Board of Directors elected the Chair of the Board. Asko Myllymäki was elected as the Chair of the Board of Directors.

Toivo Group Plc

The Board of Directors

Further information

Markus Myllymäki

CEO

Toivo Group Plc

Tel. 040 847 6206

markus.myllymaki@toivo.fi

Certified Adviser: Nordic Certified Advisor

About Toivo

Toivo is a Finnish real estate company that was founded in 2015. Its business focuses on project development and the long-term ownership of apartments. The company’s business model is unique as it 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 for its customers, shareholders and stakeholders.

 

Toivo’s strategy is to develop properties in accordance with the Toivo concept. The aim is to generate 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 for Toivo’s customers. Toivo has a knowledgeable and experienced team of experts with strong backgrounds 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.

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