Tampereen opiskelija-asuntosäätiö

What Tampereen opiskelija-asuntosäätiö does

Tampereen opiskelija-asuntosäätiö sr (TOAS) is a Finnish non-profit foundation established in 1959 that provides affordable rental housing to students in the Tampere region. It operates approximately 7,234 apartments encompassing 10,802 housing places — ranging from studios and shared apartments to family units and furnished rooms for international students — and serves roughly 10,800 residents drawn primarily from Tampere University and Tampere University of Applied Sciences (TAMK). Rents are mandated to be at least 20% below open-market rates, with 50% of apartments exempt from rental security deposits, and the portfolio maintains a 97.8% occupancy rate.

TOAS generates revenue through recurring monthly apartment rentals, reporting €50.3 million in property returns in 2025 against a €433.2 million balance sheet. The business is supported by a proprietary digital tenant portal (omaTOAS/myTOAS) for self-service lease and payment management, plus the Tampuuri-hosted online application system. Value-added services include electric car sharing, co-working and study spaces at the Hippos district, broadband bundles, and tenant well-being programs. The foundation partners with student unions TREY and Tamko, the City of Tampere, and Tampere region institutions for demand generation, and reports via a 26-member delegation and 9-member board.

The organization's competitive position rests on its non-profit status with government ARA support, 65+ years of operational continuity, and an active capital program that delivered approximately 450 new or renovated apartments in 2025 — including TOAS Willa Amanda (first five-star Rakennustieto building in Tampere), TOAS Rauhaniemi 34, and the Kanjoni renovation (first four-star renovation project in Finland). Forward pipeline includes the TOAS City, Ilmarin, and Vanhan Domus developments, with €42 million invested in new housing in 2025 alone.

Name

Tampereen opiskelija-asuntosäätiö

Legal name

Tampereen opiskelija-asuntosäätiö sr

Website

https://toas.fi

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

11–50 employees

Short description

TOAS is a non-profit foundation founded in 1959 that operates approximately 7,234 affordable rental apartments (10,802 housing places) in the Tampere region, serving students of Tampere University and TAMK at rents at least 20% below market rates.

Ownership category

akta.pro rank

Product category

Student Housing Services

NAICS

Rooming and Boarding Houses, Dormitories, and Workers' Camps (72131), Rooming and Boarding Houses, Dormitories, and Workers' Camps (7213), Rooming and Boarding Houses, Dormitories, and Workers' Camps (721310)

SIC

Operators Of Apartment Buildings (6513), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Student & Academic Term Monthly Housing (THAMAFAH)

akta.pro secondary industries

Off-Campus Shared Student Houses (Room-by-Room) (THAMAGAC), Student/Academic Serviced Residences (THAGAEAF), Shared Rooms & Dorm-Style in Homes (THAMABAD), Guest, Visitor & Conference Housing Services (Summer/Break Housing) (EDAEAFAN)

Keywords

• Student rental housing
• Affordable student housing
• Nonprofit housing foundation
• Rental property management
• Student accommodation services

Headquarters

HQ city

Tampere

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Apartment Rental Income: TOAS generates revenue primarily through renting apartments to students at affordable rates. Property returns were €50.3 million in 2025. The foundation operates as a non-profit organization.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

TOAS rents approximately 7,234 student apartments (10,802 housing places) across Tampere, Finland, at rents at least 20% below open-market rates. Offerings span studios, family apartments, shared apartments, and furnished rooms, supplemented by the omaTOAS digital tenant portal, broadband, parking, electric car sharing, and co-working/study spaces.

Product overview

TOAS (Tampereen opiskelija-asuntosäätiö sr) is a non-profit student housing foundation founded in 1959, providing approximately 7,234 rental apartments (10,802 tenant places) for students in Tampere. The core product is student rental housing encompassing diverse apartment types — studios (yksiöt, the largest segment at ~4,295 units), family apartments, shared apartments (soluasunnot), and furnished rooms for international students. This housing portfolio is complemented by the digital tenant portal omaTOAS/myTOAS, through which residents manage leases, maintenance requests, and payments. Additional services include car sharing, co-working and study spaces (at Hippos), student wellbeing programs, and a water saving campaign. Major new developments include the TOAS Hippos urban student district (completed 2026), TOAS Willa Amanda (five-star certified), TOAS Rauhaniemi 34, and the renovated Kanjoni building (Finland's first four-star renovated building). All housing targets at least 20% below open market rents, with 97.8% occupancy rate. TOAS does not offer a public API.

Differentiator

Problem solved

Functional benefit

Brands

• omaTOAS: Digital service portal for tenants to manage their housing matters online
• myTOAS
• TOAS Hippos
• TOAS Hippos

Quantifiable outcome

• 97.8% occupancy rate maintained
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature1 record

Partnerships

16 partnerships are on record, tiered core, minor and major.

• City of TamperecoreStrategic or Co-development PartnerCity of Tampere is one of TOAS background organizations and key strategic partner. Provides support for student housing development.
• Council of Tampere RegioncoreStrategic or Co-development PartnerRegional governance body that is one of TOAS background organizations.
• Student Union of Tampere University (TREY)coreStrategic or Co-development Partner18,000 member student union; key partner for reaching students and developing student housing services.
• Tamko - Students' Union of TAMKcoreStrategic or Co-development Partner7,800 member student union for Tampere University of Applied Sciences students.
• Tampere UniversitycoreStrategic or Co-development PartnerMain university partner for student housing coordination.
• KPMG Oy AbminorOthersExternal auditor for TOAS financial statements.
• LähiTapiola PirkanmaaminorGTM or Marketing PartnerHome insurance partnership offering 35% discount on first year insurance for TOAS tenants.
• Hiilineutraali Tampere 2030coreStrategic or Co-development PartnerCity of Tampere climate neutrality initiative that TOAS participates in, targeting carbon neutrality by 2030.
• IlmastokumppanuuscoreStrategic or Co-development PartnerJoint climate initiative by Business Tampere, Tampere City, and Ekokumppanit to promote sustainable business and climate work.
• Hartela OymajorOthersMain construction contractor for TOAS Hippos project using alliance model.
• A-insinöörit Rakennuttaminen OymajorOthersPart of the Hippos alliance with TOAS since 2019.
• Arkkitehtitoimisto Helamaa & Heiskanen OymajorOthersArchitecture firm part of Hippos alliance.
• A-Insinöörit Suunnittelu OymajorOthersEngineering firm part of Hippos alliance.
• Granlund OymajorOthersBuilding services engineering firm part of Hippos alliance.
• NCCmajorOthersMain contractor for TOAS Rauhaniemi 34 project using KVR contracting method.
• Raspal OymajorOthersProject lead contractor for TOAS Willa Amanda Pinninkatu 47.

Scale indicators8 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• PSOAS - Pohjois-Suomen opiskelija-asuntosäätiö: PSOAS provides student housing in Oulu under the same Finnish ARA-supported nonprofit foundation structure as TOAS. Operates the same regulatory model and below-market pricing framework but serves a different regional student population.
• Turun opiskelija-asuntosäätiö (TYS / SOA): TYS is the Turku-based student housing foundation serving students at the University of Turku and Åbo Akademi, operating the same nonprofit foundation model as TOAS with ARA-supported rents. It is a direct peer in scale, structure, and service offering, though in a different regional market.
• Soihtu - Jyväskylän opiskelija-asuntosäätiö: Soihtu is the student housing foundation serving the University of Jyväskylä and JAMK under the same ARA-supported Finnish nonprofit model. Smaller scale than TOAS but directly comparable in operating model, regulatory framework, and tenant base.
• HOAS - Helsingin seudun opiskelija-asuntosäätiö: HOAS is Finland's largest student housing foundation operating in the Helsinki metropolitan area with a comparable nonprofit, ARA-supported model providing below-market student rentals. It is TOAS's closest structural peer — same regulatory framework, same tenant base, same operating model — just in a different regional market.

Others

• Y-Säätiö: Y-Säätiö is a Finnish housing foundation operating affordable rental housing with a similar nonprofit/government-supported model but focused on a broader low-income population rather than exclusively students. Comparable for understanding the Finnish nonprofit housing foundation structure and ARA funding framework.

Emerging players

• Scape Australia: Scape is a major purpose-built student accommodation provider in Australia offering comparable student rental housing with added services. Comparable as a peer in student housing operations and service-bundling strategy but operates in a different geography and commercial rather than nonprofit structure.

Broad incumbents

• Unite Group: Unite Group is the UK's largest purpose-built student accommodation operator, providing a directly comparable product — purpose-built student housing — but at commercial scale and pricing rather than the nonprofit/ARA-supported model. Useful as a comparator on operating efficiency, development pipeline management, and student housing demand trends.

Regional players

• Domus Opiskelija-asunnot: Domus is a Finnish student housing operator providing rental apartments to students in multiple Finnish university cities including Tampere, Helsinki, and Turku. It is a partial overlap — competing for some of the same student tenants as TOAS in Tampere — but operates a smaller, more fragmented footprint without TOAS's nonprofit foundation status.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks1 record

Key highlights1 record

Customer concentration

• Xx.com/toas_asunnot
• YouTubeyoutube.com/channel/UCQVEITlRf45QRkzf_kpn53w
• Facebookfacebook.com/toastampere
• Instagraminstagram.com/toas_asunnot
• LinkedInlinkedin.com/company/toas-tampereen-seudun-opiskelija-asuntos-ti-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tampereen opiskelija-asuntosäätiö