SATO buys rental apartments in Taka-Töölö
28 August 2014
The Finnish housing investment company SATO has bought 11 rental apartments in a 1930s apartment building in Savilankatu, Helsinki. The average floor area of the apartments is 31 sqm. The purchase price of the apartments was approximately €1.9 million.
Director Antti Aarnio from SATO:
- The demand for small rental homes in the Helsinki Metropolitan Area clearly exceeds their supply, and therefore we are increasing their share in the SATO housing stock. Töölö is a popular area among young as well as older residents, and I'm happy that this purchase will help us respond to our customers' housing needs.
For more information contact:
Antti Aarnio, Director, phone +358 201 34 4200 or +358 40 164 7052