Finland — Henri Sulankivi, SVP, Regional Units and a member of Corporate Executive Team, has decided to leave the company.

Finland — Sato sells all the shares in Sato Hotelhome Ltd to Majoituspalvelu Forenom Oy. There are a total of 195 furnished Sato Hotelhome apartments, with most of these in central locations in Helsinki's Kamppi and Kruununhaka districts and in Tapiola, Espoo.

Finland — After seven years at Sato the company’s CFO Esa Neuvonen leaves to join YIT Corporation. Esa Neuvonen will serve as CFO at YIT. He will start in his new position by the end of the year.

Finland — SATO has appointed Antti Asteljoki as Vice President for Housing Business.

Finland — SATO has appointed Katri Innanen, LL.M, as the new General Counsel of the company. She will begin in her new role during the summer.

Finland — SATO Corporation has purchased a total of 1,015 rental homes from Suomen Laatuasunnot Oy. The apartments are mainly located in the Helsinki Metropolitan Area and Turku region.

Finland — SATO Corporation has acquired the shares of SVK Yhtymä Oy.The transaction will result in the transfer of 1,255 rental homes mainly completed in the 2000s to SATO. Responding to the highest demand in rental housing in terms of their size, the average floor area of these homes is 55 sqm.