SATO's year 2024
Promising progress in challenging times
new SATOhomes
residents
personnel
net sales
operating profit
profit before taxes
CEO's review
The 2024 reporting year was challenging, just like its predecessor. The oversupply of rental apartments, consumers’ weak confidence, the high interest rate level and general economic uncertainty proved challenging to apartment rental operators. Despite a challenging market situation, SATO’s economic occupancy rate and customer satisfaction improved compared to a year earlier.
Close to customers
We want to handle every customer interaction with compassion and solid expertise. Our consistent operating models ensure a seamless and uniform customer experience.
Responsible housing and homes for generations
We enable sustainable living for our customers and encourage them to make environmentally conscious choices in their everyday life. We create comfortable, safe, and diverse living environment.
Forerunners now and tomorrow
We have been the experts on housing for over 80 years and will continue to be. Our personnel is our most valued asset.
Sustainable housing
• Carbon neutrality and energy efficiency
• Circular economy
• Biodiversity
Sustainably profitable
• Consistency and transparency
• Profitable business sustainably
Communities' wellbeing
• Employee wellbeing
• Comfort and wellbeing in residential communities
• Diversity and equality
Highlights
SATO ranked again as one of the Finland's best places to work
SATO was ranked outstandingly at sixth in Finland’s Best Workplaces listing published by Great Place to Work Finland in March 2024. Being ranked at sixth in the category of large enterprises is excellent proof of the sustained efforts made at SATO to develop aspects such as the employee experience and managerial work as well as to promote the wellbeing of employees.
SATO retains three stars in an international sustainability assessment
SATO has been awarded three stars and the Green Star label in the Global Real Estate Sustainability Benchmark (GRESB) for its sustainability efforts. SATO performed particularly well in the social responsibility category.
SATO leads the way in action against biodiversity loss
Biodiversity is an important theme for SATO. In spring 2023, SATO launched its project to prepare a Biodiversity Roadmap, and the roadmap was published in the Sustainability Report in early 2024. The roadmap sets out actions to make taking account of biodiversity part of everyday life at SATO.