Homes Will Always Be Needed
SATO is one of Finland’s leading corporate investors in housing. SATO owns a total of some 23,500 rentable homes in Finland’s largest centres of urban growth and St. Petersburg. Its investment assets have a fair value of appr. 2.1 billion euros.
SATO has set the goal of being the most efficient and progressive player in the market, which facilitates the constant improvement of customer services as well as generating added value for its shareholders. This requires the constant re-evaluation of operating methods as well as the ability to regenerate.
SATO’s value creation is based on the trend in value of the investment properties and on rental business. Continuing demand for housing fosters the stability of SATO’s business. Homes will always be needed.
SATO’s personnel comprises some 150 professionals in the housing sector. Most of them have a technical, commercial or legal education. As an employer, SATO offers competitive pay, good working conditions and opportunities for professional growth.
SATO’s biggest shareholders are Finnish pension insurers and other insurance companies.
The Group’s turnover in 2012 was 286.9 million euros and its profit before taxes was 60.6 million euros. Operating profit was 99.1 million euros.