Toivo Group Plc has signed an agreement for the development of a total of 28 hectares of land in Espoo
Company release, 3 November 2022 at 12.45 p.m. Toivo Group Plc (hereinafter referred to as “Toivo” or “the Company”) has signed an agreement for the development and acquisition of properties (“the Area”) located in Espoo. The majority of the Area is located on the southern side of Kehä III, while the rest is close to Kehä III on its northern side. The agreement is subject to normal conditions generally applied within the real estate sector. In accordance with the current city plan, building permits can be granted to an approximately 40-apartment residential building