Leena Rentola appointed General Counsel of Sato

Finland Finland — Leena Rentola has been appointed General Counsel and a member of Sato’s Extended Corporate Management Group effective September 1st 2023 as Katri Innanen retires.

Sato Has Appointed Regional Director for the Tampere Region

Finland Finland — Tuomas Laitinen was appointed SATO Regional Director for the Tampere region effective 20 March 2023.

Sato Appoints Chief Commercial Officer

Finland Finland — Laura Laamanen, MA, has been appointed Chief Commercial Officer and member of the Corporate Management Group at SATO Corporation effective 11 May 2023. Laamanen has been Director, Marketing and Communications at SATO since 2021.

Sato Has Completed Sale of Russian Business

Finland Finland — Sato Corporation has completed its divestment of Russian housing business 14 April 2023.

This Is Sato’s Residential Strategy

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

Sato Develops New Homes in Espoo

Finland Finland — Sato is developing new non-subsidised rental homes on Peijinkuja street in the Finnoo district of Espoo. Construction started in August 2022 and the homes will be completed in stages during autumn 2024.

Sato Appoints Director, Business Development

Finland Finland — Miikka Karjaluoto has been appointed Director, Business Development at Sato Corporation. Working at Sato since 2009, Karjaluoto most recently served as Director, Tampere region, which post he held since 2016.

Sato Develops Residential Units in Turku District

Finland Finland — Sato is developing new non-subsidised rental homes in the Skanssi district of Turku. This is the first time in five years that Sato is investing in new homes in the city.

Swedish Giant Increases Holding in Finnish Residential Developer

Finland Finland — Purchases stocks worth nearly EUR 4.6 million.

Why Non-Subsidised Homes Is Sato’s Investment Focus

Finland Finland — Arto Aalto, Vice President, Investments at Sato: “We expect to benefit the most from urbanization in long term.”

"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.

Sato Sells to Heimstaden

Finland Finland — Sato has signed an agreement on the divestment of 2,009 rental homes in six cities and municipalities around Finland to Heimstaden.

Sato Develops Homes in Tuusula

Finland Finland — Sato is developing non-subsidised rental homes in the centre of Hyrylä, in the Rykmentinpuisto area of Tuusula. Construction will begin in May–June 2022 and the homes will be move-in ready in March 2024.

"The Urbanization Trend in Finland Has Started a Little Later”

Finland Finland — SATO appoints Antti Laine to the position as Chief of Real Estate Development. He tells Nordic Property News about his new role, the most interesting locations for SATO developments and hos he views the Finnish residential market going forward.

“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.

Sato Builds New Apartments in Vantaa

Finland Finland — Sato to offer 159 new rental homes in Vantaa’s Keimolanmäki district.

The Finnish Balder Company’s Residential Targets

Finland Finland — Arto Aalto, Vice President, Investments at Sato, on the current state of the Finnish residential market, where they look for future assets, and the attraction to Vantaa.

The Unique Residential Development for the Finnish Giant

Finland Finland — Sato’s Vice President for Investments, Arto Aalto: “We have several similar types of redevelopment projects ongoing in our target business areas.”

Sato to Develop New Rental Homes in Helsinki

Finland Finland — Sato, one of Finland’s largest rental housing providers, is developing non-subsidised rental homes on Maaherrantie street in the the Helsinki district of Oulunkylä, in the ‘Wise Mobility City Block’ uniquely situated at the intersection of the Jokeri Light Rail line and the main railway line. Construction begins in April of the current year and the homes will be move-in ready in spring 2023.

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...”

Sato Develops Rental Apartments in Kirkkonummi

Finland Finland — Sato and construction company TNRak Oy have signed an agreement on the development of rental apartments in the Vesitorninmäki district in Kirkkonummi.

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 Closing in on New CEO: "A Very Interesting Candidate"

Finland Finland — For over a year, Sharam Rahi has been acting CEO of Balder's Finnish subsidiary Sato - but that time may be coming to an end. Balder's Deputy CEO tells Nordic Property News about the process of finding a successor at Sato, his time as CEO and about Sato's work during the pandemic.