This Is Sato’s Residential Strategy

Finland Finland — CEO Antti Aarnio: “We are very cautious and follow the market carefully now. However…”

"Our Target for Growth Is More on Profitability than Volume"

Finland Finland — Sato focuses its portfolio to a Helsinki, Turku and Tampere. CEO Antti Aarnio tells Nordic Property News about the strategy, how they are looking to grow and about possible future divestments in the remaining stock outside the focus areas.

“The Situation Is a Human Catastrophe – Direct Effect on Business Not Clear Yet“

Finland Finland — The Finnish residential developer Sato’s CEO Antti Aarnio on the Russian invasion of Ukraine, and whether a war will affect the company’s operations in Russia, going forward.

"Competition Is Getting Fiercer"

Finland Finland — Antti Aarnio takes the helm at the Finnish residential giant Sato on a permanent basis after a year as acting CEO. He tells Nordic Property News about the state of the Finnish residential market and about Sato’s goals for 2022.

Antti Aarnio Becomes Permanent CEO of Sato

Finland Finland — SATO Corporation’s Board of Directors has appointed Antti Aarnio as Sato President and CEO from 1 January 2022. Aarnio has served as acting President and CEO since December 2020.

The Residential Challenges in Finland

Finland Finland — Antti Aarnio, acting CEO of the Finnish residential giant Sato: “We’ll continue to make good deals and move forward with...”

Antti Aarnio Appointed Sato's Acting President and CEO

Finland Finland — Sato's Board of Directors has appointed Antti Aarnio, 48, as the President and CEO of Sato, starting on December 18, 2020. Antti Aarnio acts as President and CEO until a permanent CEO is appointed. Aarnio also continues in his position as EVP, Rental Housing Business.

Sato to Develop Planned Lasihytti Residential Area by Train Station

Finland Finland — SATO Corporation has concluded a preliminary contract to acquire three plots located in the Lasihytti area south of the train line in the Kauklahti district of Espoo. Currently an industrial area, Lasihytti is now subject to a town plan amendment that would turn it into an urban residential area, complete with amenities, for around 4,000–5,000 residents.

Sato to Build New Apartments in Espoo

Finland Finland — Sato will have 77 rental homes built close to the Niittykumpu metro station in Espoo. Construction begins in March 2020 and the apartments will be ready for moving into in December 2021.

EVP Leaves Sato

Finland Finland — Sato’s EVP, Rental Housing Business, Antti Asteljoki has resigned and leaves the company on 4th February 2020. Sato's EVP, Investments Antti Aarnio, has been appointed also as the head of Rental Housing Business. Aarnio will take on the position without delay.

Sato Launches New Part-Ownership Pilot in Helsinki

Finland Finland — One of Finland’s leading rental housing providers, Sato is launching a solution lowering the threshold to buying a home in the market. Sato FlexHome is a new form of part ownership where you can enter home ownership with a small initial capital outlay and a five-year part-ownership period.

YIT and Sato to Develop Apartments in Hakunila

Finland Finland — YIT, Sato, M2-Kodit and As Oy Hiirakkokuja 6 have signed a co-operation contract for designing new apartments and a centralised parking facility for the Hiirakkokuja neighbourhood.

Sato Builds New Homes in Helsinki

Finland Finland — The construction of Sato's 75th anniversary project in Atlantinkatu street, Jätkäsaari, Helsinki, has been launched.

Sato in Residential Project in Jätkäsaari

Finland Finland — Construction of Sato's 75th anniversary project in Atlantinkatu street, Jätkäsaari, Helsinki, has been launched. The property will have 147 non-subsidised rental homes and 32 family-sized Hitas owner-occupied homes.

Sato to Create Rental Homes in Helsinki

Finland Finland — 239 new Sato rental homes will be constructed in Helsinki's Herttoniemi and Kalasatama districts in the coming years. The Herttoniemen Laivalahdenkaari 1 property will have 143 Sato rental homes and Kalasataman Capellan puistotie 96 Sato rental homes.

Sato Buys 150 Apartments

Finland Finland — Sato has bought residential properties from Veritas Pension Insurance located in Espoo, Vantaa and Turku.

Sato to Construct New Apartments in Vantaa

Finland Finland — Sato will construct new rental apartments in the Martinlaakso district of Vantaa. Two buildings located on a Sato-owned site that were constructed in the 1970’s will be demolished and replaced with three times as many new homes.

Sato Buys 17 Rental Homes in Helsinki

Finland Finland — Sato has bought 17 rental homes in Kallio, Helsinki. The apartments are studios and one-bedroom homes.

Sato in Several Transactions in Finland

Finland Finland — Sato has bought 113 rental homes from a fund managed by Patrizia and sold 294 rental homes to Municipal Housing Ltd (KAS).