Mangrove Yhtiot Oy
- Company typePrivate
- Founded1994
- HeadquartersTurku, Finland
- Headcount—
- GTM typeB2B and B2C
- OfferingServices
Mangrove Yhtiot Oy firmographics
Firmographics- Name
- Mangrove Yhtiot Oy
- Legal name
- Mangrove Yhtiöt Oy
- Website
- https://www.mangrove.fi
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Ownership category
- akta.pro rank
Mangrove Yhtiot Oy industry classification
Industry- Product category
- Real Estate Development and Construction
- NAICS
- Lessors of Residential Buildings and Dwellings (53111), Real Estate Property Managers (53131), Land Subdivision (2372)
- SIC
- Operative Builders (1531), Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industry
- New Development / Declarant Transition Management (BPAJAHAK)
Keywords
Where Mangrove Yhtiot Oy is headquartered
LocationHeadquarters
- HQ city
- Turku
- HQ country
- Finland
- HQ region
- Europe
Offices3 records
Markets served
Mangrove Yhtiot Oy business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain
Revenue model
- Apartment Sales (Myytävät asunnot): Sale of ownership apartments to private individuals in growth centers
- Rental Apartments (Vuokra-asunnot): Rental of apartments in Helsinki, Turku, Rauma, Uusikaupunki, Tampere and Raisio, including state-subsidized rental housing (ARA)
- Right-of-occupancy Apartments (ASO-asunnot): Right-of-occupancy housing in Helsinki, Pirkkala, Turku, Kaarina, Kangasala and Tampere with usage fees and one-time occupancy fees
- Construction Services (Rakentamispalvelut): KVR-contracting and project cooperation for residential, commercial, business premises and care facility construction for public and private sector clients and property investors
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | ASO apartments in Helsinki - Pasuunakuja 1d |
| Subscription | Monthly | ASO apartments in Kaarina - Jalostusasemankatu |
| Subscription | Monthly | ASO apartments in Pirkkala - Torninjuuri 9b |
| Subscription | Monthly | ASO apartments in Kangasala - Kuurankatu 2 |
| Subscription | Monthly | ASO apartments in Tampere - Ilokkaanrinne 5-6 |
| Subscription | Monthly | ASO apartments in Turku - Hiidenkuja 3 |
| Subscription | Monthly | Rental apartments in Tampere - Raadinkatu 1 |
| Subscription | Monthly | Rental apartments in Tampere - Tikkutehtaanrinne 5 |
| Subscription | Monthly | Rental apartments in Rauma - Papinpelto |
| Subscription | Monthly | Rental apartments in Rauma - Papinpelto II |
| Subscription | Monthly | Rental apartments in Uusikaupunki - Kauppatulli |
| Subscription | Monthly | Rental apartments in Raisio - Jarrilantie 2 |
| Subscription | Monthly | Rental apartments in Espoo - Finnsin August |
| Subscription | Monthly | Summer campaign rental discount |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Mangrove Yhtiot Oy product offering
Product offeringCore offering
Mangrove Yhtiot Oy is a Finnish family-owned real estate and construction group that develops and manages residential housing through its Mangrove Kodit arm (rental, right-of-occupancy/ASO, and owner-occupied apartments) and delivers turnkey KVR construction services through Mangrove Rakentamispalvelut for residential, commercial, and care facilities. The group invests in land, designs projects, executes construction, and retains long-term ownership of selected residential stock.
Product overview
Mangrove Yhtiöt Oy is a Finnish family-owned real estate and construction group founded in 1994, organized under the parent company Mangrove Yhtiöt Oy with several operating subsidiaries. The company's product portfolio centers on two core divisions: Mangrove Kodit, which offers residential housing across three tenure types — rental apartments (Mangrove Vuokra Oy, including subsidiary Etelä-Suomen Kodit Oy and associated company Länsi-Suomen Asunnot Oy), owner-occupied apartments for sale, and right-of-occupancy ASO housing (Mangrove Asumisoikeus Oy); and Mangrove Rakentamispalvelut (construction services), delivered through Mangrove Rakennuttaja Oy, serving public and private sector clients, service providers, and property investors for residential, commercial, office, and care facility construction. Supporting subsidiaries include Suomen Ekokodit Oy (eco-housing development) and Klopal Oy. The company employs approximately 200 professionals and operates across Uusimaa, Varsinais-Suomi, Pirkanmaa, and Satakunta regions.
Differentiator
Problem solved
Functional benefit
Brands
- Mangrove Kodit: Housing brand offering rental, right-of-occupancy (ASO), and new homes in carefully selected locations in growth centers
- Mangrove Rakentamispalvelut
Products and services
- Mangrove Kodit (Housing) Development, ownership, and management of residential apartments in Finnish growth centers, offered as rental homes, right-of-occupancy (ASO) residences, and owner-occupied apartments, targeted at individuals and households seeking professionally managed modern housing including ARA-funded affordable housing.
- Mangrove Rakentamispalvelut (KVR Construction Services) Turnkey design-and-build (KVR) contracting services for residential, commercial, and care facilities, delivered to property investors, municipalities, and public/private operators on a project basis.
Quantifiable outcome
- Revenue of €66 million in 2022
- +3 more outcomes
Companies that use Mangrove Yhtiot Oy
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Mangrove Yhtiot Oy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature1 record
Mangrove Yhtiot Oy partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Länsi-Turunmaan Vuokratalot OycoreMangrove Oy is constructing a new 37-apartment rental building for Länsi-Turunmaan Vuokratalot Oy in Parainen Söderby, Valssikuja 3. Construction begins July 2026 with estimated completion in spring 2028.
- Subcontractors and Material SupplierscoreMangrove seeks subcontractors and material suppliers for ongoing row house and apartment building projects in the Helsinki metropolitan area and Pirkanmaa. They seek meaningful and long-term partnerships supporting mutual success.
- ARA (Asumisen rahoitus- ja kehittämiskeskus)coreARA provides state subsidies and regulatory oversight for affordable housing. Mangrove operates ARA-funded rental and right-of-occupancy housing that must comply with ARA regulations.
- RS-pankkiminorBanking partner involved in property financing and transaction processing for housing sales.
- Property Management Companies (Isännöitsijätoimistoyritys)minorThird-party property management companies handle day-to-day property management, tenant relations, and maintenance coordination.
- Collection Agency (Perintäyhtiö)minorDebt collection services for overdue rent payments and other receivables.
Scale indicators6 records
Recent moves5 records
Expansion highlights6 records
Mangrove Yhtiot Oy competitors and assessment
Company assessmentBroad incumbents
- NCC AB: NCC is one of the leading Nordic construction and real estate developers, with significant operations in Finland through NCC Property Development and NCC Building Finland. Comparable to Mangrove in the Finnish construction market at much larger scale.
- Bonava AB: Bonava is a Nordic residential developer listed in Stockholm, developing and selling homes in Sweden, Germany, Finland, and the Baltics. Comparable to Mangrove in Nordic residential development, with particular overlap in the Finnish market where Bonava has operations.
- SRV Group Plc: SRV is a Finnish construction and real estate developer focused on residential, commercial, and infrastructure projects in Finland and Russia. Comparable to Mangrove in the Finnish residential development market, though larger and more diversified across commercial and infrastructure segments.
- YIT Corporation: YIT is Finland's largest construction and real estate developer, operating residential, commercial, and infrastructure projects across the Nordics and Baltic states. Comparable to Mangrove as a Finnish developer-builder with housing as a core segment, but at significantly larger scale and broader geographic reach.
- JM AB: JM is Sweden's largest residential developer, primarily focused on the Stockholm area and other Swedish growth centers. Comparable to Mangrove in Nordic residential development model and focus on urban housing, though in a different geographic market.
Direct peers
- Hartela Group: Hartela is a Finnish construction and real estate company developing residential, commercial, and care properties across Finland. Comparable to Mangrove in the Finnish residential development and construction services market, with similar focus on growth centers.
- Sato Corporation: Sato is a Finnish rental housing company owned by local pensions, owning approximately 26,000 apartments in major Finnish cities. Comparable to Mangrove in the Finnish rental housing market, particularly in Helsinki and other growth centers where both operate.
- Kojamo Plc: Kojamo is Finland's largest private residential rental housing operator, owning and managing approximately 40,000 apartments under the Lumo brand. Comparable to Mangrove in residential rental operations and Finnish growth center focus, though at vastly larger scale and listed on Helsinki exchange.
- Pohjola Rakennus Oy: Pohjola Rakennus is a Finnish construction and real estate developer focused on residential projects in the Helsinki metropolitan area and other Finnish growth centers. Comparable to Mangrove in the Finnish residential development sector, particularly in Uusimaa region overlap.
- Lehto Group Plc: Lehto Group is a Finnish construction and real estate developer focused on residential, commercial, and care facility construction. Directly comparable to Mangrove in offering similar mixed-tenure housing solutions and KVR-construction services in Finnish growth centers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Mangrove Yhtiot Oy social profiles
Digital presenceMangrove Yhtiot Oy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mangrove Yhtiot Oy leadership team
Management profileNumber of profiles
Mangrove Yhtiot Oy subsidiaries and ownership
Company hierarchySubsidiaries8 records
Mangrove Yhtiot Oy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mangrove Yhtiot Oy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mangrove Yhtiot Oy
What does Mangrove Yhtiot Oy do?
Mangrove Yhtiot Oy is a Finnish family-owned real estate and construction group that develops and manages residential housing through its Mangrove Kodit arm (rental, right-of-occupancy/ASO, and owner-occupied apartments) and delivers turnkey KVR construction services through Mangrove Rakentamispalvelut for residential, commercial, and care facilities. The group invests in land, designs projects, executes construction, and retains long-term ownership of selected residential stock.
Is Mangrove Yhtiot Oy a public or private company?
Mangrove Yhtiot Oy is a private company. It is classified as family owned and is currently operating.
When was Mangrove Yhtiot Oy founded?
Mangrove Yhtiot Oy was founded in 1994.
Where is Mangrove Yhtiot Oy based?
Mangrove Yhtiot Oy is headquartered in Turku, Finland, in the Europe region.
How does Mangrove Yhtiot Oy make money?
Four revenue lines are on record. Apartment Sales (Myytävät asunnot) is the primary driver. The others are rental Apartments (Vuokra-asunnot), right-of-occupancy Apartments (ASO-asunnot) and construction Services (Rakentamispalvelut).
Who are Mangrove Yhtiot Oy's main competitors?
Broad incumbents on record are NCC AB, Bonava AB, SRV Group Plc, YIT Corporation and JM AB. Direct peers are Hartela Group, Sato Corporation, Kojamo Plc, Pohjola Rakennus Oy and Lehto Group Plc.
Does Mangrove Yhtiot Oy have an API?
No public API is recorded for Mangrove Yhtiot Oy.
What industry is Mangrove Yhtiot Oy in?
Mangrove Yhtiot Oy's product category is Real Estate Development and Construction. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAJAHAK, New Development / Declarant Transition Management. Its NAICS code is 53111 and its SIC code is 1531.