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SATO Corporation
Press launch 26 September 2022 at 1:30 pm
SATO, one in all Finland’s largest rental housing suppliers, is creating new non-subsidised rental homes on Peijinkuja avenue in the Finnoo district of Espoo. Construction began in August 2022 and the homes shall be accomplished in phases throughout autumn 2024.
On 7 July 2022, SATO signed contracts with builders Lujatalo Oy on new house buildings, their grounds and an underground parking facility in Finnoo at the addresses Peijinkuja 6 and 10. The web site can have two 8-storey buildings and one with 13 tales. All instructed, there shall be 257 homes plus a ground-level industrial unit to let.
All homes in the buildings have a glassed-in balcony and a few even have sea views. Peijinkuja is however a kilometre from the seaside and the new Finnoo metro station is only one avenue over.
The evolving Finnoo district is a new, densely constructed city residential space on the western extension of the metro line. The new Finnoo blends an city vibe with the surrounding lush greenery and the seaside. The western metro extension to be accomplished in the coming 12 months will present the space’s residents with easy and quick public transport. The first residents have already moved into the space and the buildings now rising in Peijinkuja characterize the subsequent part in the space’s growth.
The Finnoo metro station environs used to be dominated by indifferent homes. A terraced home was demolished to make manner for the house buildings on SATO’s plot.
“SATO’s Peijinkuja project is grounded in long-running development efforts. Together with the City of Espoo, we drafted a new local detailed plan for the terraced house property owned by SATO in the old Hannus area of detached houses that is now on its way to become the Finnoo district of Espoo. SATO aims to continue its development of the Finnoo district also in the future,” says Arto Aalto, VP for Investments at SATO.
Pleasant and sustainable house constructing dwelling
“The design of new SATO rental homes is always informed by energy efficiency, sustainable building solutions to last for decades to come, and adaptability. Some of the load-bearing concrete walls of the studios have been replaced with light walls between the units. This way, they can be combined with the apartments next door if going forward, demand arises for larger apartments,” Aalto says.
The property shall be rated vitality class A. It can have district listening to and likewise characteristic solar energy techniques on the roofs of all house buildings.
The buildings can have sauna and membership services and laundry and drying rooms for the widespread use of all residents together with a variety of storage services together with particular person storage models for every house and shared bicycle storage. Some of the storage models are conveniently positioned on the residential flooring, proper subsequent to the doorways to the homes.
The homes have direct raise entry to the parking facility consisting of 100 parking areas. The facility in the subsequent block supplies parking for an extra 30 automobiles. All parking areas shall be geared up with electrical automobile charging services.
The high ground of the highest, 13-storey constructing can have three shared saunas the place residents can admire sea views from the precise sauna benches. The high ground additionally homes a membership room with a balcony going through the seascapes of the Finnoo district. The nice grounds of the buildings are shared by residents of the SATO buildings and two different properties.
For media enquiries, please contact:
SATO Corporation, Arto Aalto, Vice President, Investments
telephone +358 40 513 0702, [email protected]
SATO Corporation is an skilled in sustainable rental housing and one in all Finland’s largest rental housing suppliers. SATO owns round 25,000 rental homes in the Helsinki Metropolitan Area, Tampere and Turku.
SATO goals to present a wonderful buyer expertise and a complete vary of city rental housing options with good entry to public transport and providers. We promote sustainable growth and work in open interplay with our stakeholders. SATO invests profitably, sustainably and with a long-term view. We enhance the worth of our property via investments, divestments and repairs.
In 2021, SATO Group’s web gross sales totalled EUR 298.3 million, working revenue EUR 304.5 million and revenue earlier than taxes EUR 259.4 million. The worth of SATO’s funding properties is round EUR 5 billion. www.sato.fi
