Toivo Group Plc has signed a lease on a project valued over EUR 13 million to be constructed in Kangasala with Esperi Care Oy. In September 2023, Toivo announced that it will start piloting the community property business. Since then, the company has started to develop projects and negotiate with customers.

Toivo now finds that the objectives of the pilot phase have been met, and the company has decided to launch the community properties business. Toivo has entered into a long-term triple net rent agreement with Esperi Care Oy (Esperi) and will implement a service housing home for a total of 94 residents in Lamminrahka, Kangasala. In addition to the functions serving the entire building, the ground floor will feature a home for residents with learning disabilities and the upper floors will feature 24-hour service housing for elderly people.

In addition to practical design solutions, the site also focuses on energy efficiency: heat is generated using geothermal heat and there will be solar panels on the roof. The aim is for the site to be ready for commissioning in late 2025.