Toivo Group Oyj Reports Earnings Results for the First Quarter Ended March 31, 2024

Toivo Group Oyj is a Finland-based housing developer, builder and owner, which is focused on housing development, construction and long-term ownership. The Company 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 company 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.