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Sato is a property company, which has high-quality properties in excellent locations that complement Balder´s existing operations and property portfolio.
Sato owns just over 25,000 apartments. 78 % of the apartments are located in the bigger Helsinki area and the remainder in Tampere, Oulu, Turku, Jyväskylä and St. Petersburg. Sato´s property value has developed positively in recent years through acquisitions and construction under it´s own management. Sato has about 1,100 apartments under production and 500 of them is expected to be completed in 2018.
Balder has subsequently gradually acquired shares and currently owns about 54 % in Sato.
For more information, visit sato.fi