Esperi Care and Toivo Group Sign €12 Million Lease Agreements for Projects in Rovaniemi and Järvenpää

Esperi Care and Toivo Group have entered into significant lease agreements to develop two care facilities with a combined investment of approximately €12 million on December 11, 2024 . These projects, which are set to benefit elderly residents and individuals with developmental disabilities, highlight the commitment of both organizations to sustainable and high-quality living environments.

The Projects

Rovaniemi: Toivo Group will construct a 24/7 assisted living facility in Rovaniemi, designed to accommodate 63 elderly residents. The facility will provide comprehensive care services tailored to the needs of older individuals, ensuring safety, comfort, and accessibility.

Järvenpää: In Järvenpää, a home with 30 resident places will be built to cater to individuals with developmental disabilities. The facility will focus on fostering a supportive and inclusive environment, encouraging independence while offering necessary care.

Sustainability and Efficiency

Both projects are notable for their emphasis on energy efficiency. Toivo Group has incorporated sustainable solutions such as geothermal heating and solar panels installed on the rooftops. These measures align with modern energy standards and reflect a shared commitment to reducing environmental impact.

Timeline and Goals

Construction is planned to commence as soon as possible. The Järvenpää project is expected to be completed and handed over to Esperi Care by the end of 2025, while the Rovaniemi facility is set to open in the summer of 2026.

About the Parties

Esperi Care: A leading provider of care services in Finland, Esperi Care operates a network of facilities offering services for the elderly, individuals with disabilities, and others in need of support. The company focuses on creating safe and supportive environments that prioritize the well-being and dignity of its residents.

Toivo Group: A Finnish real estate development company, Toivo Group specializes in sustainable construction projects. Known for its innovative and eco-friendly approach, Toivo is committed to creating long-term value through high-quality real estate solutions.

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