Toivo Group Plc Moves to Nasdaq Helsinki Main Market – A Strong Step Towards Growth and Visibility
Introduction
Toivo Group Plc has reached a significant milestone by transferring to the Nasdaq Helsinki Main Market. The move from the First North marketplace represents a natural progression in the company’s ambitious growth path and demonstrates its ability to meet the exchange’s higher standards. Listing on the main market strengthens Toivo’s position as a long-term, responsible player in the Finnish housing market, increases the company’s visibility within the investor community, and supports more efficient use of capital to enable future growth.
Before the project kick-off, Oaklins noted that the project schedule would be tight but achievable. The entire project team worked with determination towards the goal under Oaklins' leadership, and the timeline objective was met. In addition, Oaklins provided excellent executive-level support in challenging situations and contributed all the necessary input to ensure the project's success. I can warmly recommend Oaklins' investment banking services.Markus Myllymäki, CEO Toivo Group Plc
About Toivo Group Plc
Toivo Group Plc is a Finnish residential developer, builder, and property owner that manages the entire value chain – from land acquisition to construction, leasing, and sales. The company acquires land, develops and builds residential properties, which it either retains on its balance sheet as rental assets or selectively sells to ensure efficient capital rotation. Toivo’s operations encompass project development, design management, and construction oversight. Completed properties are leased to both consumer and corporate clients or sold to investors.
The apartments developed and owned by the company are modern, attractive, and affordable, and are primarily located in the Helsinki, Tampere, and Turku regions. Toivo manages its properties with its in-house team of experts, overseeing the entire process from raw land acquisition to lease negotiations, property management, and potential divestment. At the core of its operations are high-quality construction, user-centric design, and a strong focus on ecological and environmental considerations in every project.
Objectives of Toivo’s Main Market Listing
The objective of Toivo Group Plc’s transfer to the Nasdaq Helsinki Main Market was to strengthen the company’s strategic position as a growing and responsible real estate operator in Finland. By listing on the main market, the company aimed to increase its visibility among both domestic and international investors, improve the liquidity of its shares, and broaden its access to capital markets. Through this process, Toivo also sought to demonstrate its ability to meet the main market’s stricter requirements regarding corporate governance, financial reporting, and business transparency – thereby laying a stronger foundation for long-term and sustainable growth.
It was a great pleasure and honor for Oaklins to act as Toivo Group Plc’s financial advisor in this important strategic step – the transfer to the main market. A sincere thank you to the company’s team and board for their trust, and to the entire project team for their excellent work.Pekka Suhonen, Managing Partner Oaklins Finland
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