How does SATO operate?
SATO is one of Finland's leading housing providers. We have some 25,000 apartments and 45,000 residents in Helsinki Metropolitan Area, Tampere, and Turku.
For over 80 years we have been experts in Finnish housing. We build approximately 1,000 homes per year, and our goal is to have our residents live in a carefree life that feels their own.
We encourage our customers to make smart, sustainable everyday choices, and aim to show a good example ourselves. We are committed in renovating, repairing and creating cosy, safe neighborhoods.
We at SATO take care of our
- accounting and financing
- customer service
- data and analytics
- housing business
- human resources
- IT and digital development
- managing building and renovating operations
- marketing and communications
Rent payments control is handled by our partner, and our houses and homes are tended by our own House Experts with partnering maintenance companies
Our main shareholder is Fastighets AB Balder, a Swedish publicly traded company.
We bear responsibility fro environment and our stakeholders. Our homes provide safety and security to our residents, we want our employees thrive, and we provide work for our partners.
We have operated in St. Petersburg since 2007. Our houses and rental apartments are built in the early 2000's and they are located in the city centre.
The share of investments in Russia is limited to a maximum of 10 per cent of the Group’s housing assets. SATO has not made any new investments in Russia in the last 5 years. SATO does not trade with Russia, and has made a decision in principle to exit the business in Russia.