SATO appoints Miikka Karjaluoto as Director for Tampere Region

20 December 2016

SATO Corporation, Press Release, 20th December 2016 at 16:00 pm

Miikka Karjaluoto, M.Econ., has been appointed as SATO Corporation's Director for Tampere Region from 27 December 2016. Karjaluoto's responsibilities will include housing business and property development in the Tampere region. He will report to Director Juha-Pekka Järvenpää.

Miikka Karjaluoto has been employed by SATO since 2009, working as Customer Service Manager, Investment Manager and Development Manager.

SATO owns around 2,700 rental homes and invests annually in 100-200 new homes in Tampere region.

For more information please contact:

SATO Corporation
Miikka Karjaluoto, phone +358 201 34 4068 and +358 40 583 0385
Juha-Pekka Järvenpää, phone +358 201 34 4062 and +358 40 513 8484

SATO is one of Finland's leading rental housing providers. SATO's aim is to offer comprehensive alternatives in rental housing and an excellent customer experience. SATO holds roughly 25,700 rental apartments in Finland's largest growth centres and in St Petersburg.

In our operations, we promote sustainable development and initiative-taking, and work in open interaction with our stakeholders to create added value. We operate profitably and with a long-term view. We increase the value of our housing property through investments, divestments and repair work.

SATO Group's net sales in 2015 were €323.4 million, operating profit €196.5 million and profit before taxes €159.4 million. SATO's investment properties have a value of roughly 3.3 billion (Q3/2016).