SATO – Divestment of Russian housing business

We advised SATO Corporation when it sold is housing business in Russia. SATO has been operating in St. Petersburg since 2007 and the company owned 522 rental apartments. The arrangement has no significant impact on SATO’s profit.

SATO Corporation is an expert in sustainable rental housing and one of Finland’s largest rental housing providers. In 2022, SATO Group’s net sales totalled EUR 291.2 million.