SATO Corporation
Press release September 24, 2021 at 11:00 a.m.

SATO, one of Finland’s largest rental housing providers, is developing two-story wooden apartment buildings with bridge access and a total of 112 houses in the Mellunmäki Helsinki district.

On April 16, 2021, SATO signed a construction contract with Lehto Asunnot Oy on a new property to stand at Lupajantie 2, and construction work began in the spring of 2021. The property under construction will include a total of six apartment buildings. two-storey wooden apartments. as well as outbuildings for facilities such as apartment-specific storage units, residents’ club and sauna sections. There will be 112 new unsubsidized rental units on the property. With the property laid out in a U-shape, there will be a bright interior courtyard between the apartment buildings. The houses will be ready to move in in May 2022.

Timber construction has a lower carbon footprint than concrete construction

The material of construction of load-bearing structures and exteriors of low-rise apartment buildings is wood.

– The buildings are made up of prefabricated caissons. Each apartment will consist of one or two boxes. At the end of each day of installation, the installed caissons are protected from the elements by covering them with prefabricated roof sections, explains Arto Aalto, Vice-President, Investments, at SATO.

– It is a pleasure to cooperate with SATO in the construction of wooden apartment buildings. The wooden apartment building in Lehto represents a modern construction which makes extensive use of Finnish industrial prefabrication. It is a high quality, environmentally friendly and affordable alternative that is faster to make than traditional construction. For residents and tenants, wood as a material creates nice and comfortable homes, says project manager Antti Leinonen from Lehto.

From an environmental point of view, wooden buildings have many advantages: they sequester carbon and act as carbon reservoirs. The use of wood also reduces the carbon footprint of construction.

SATO also owns wooden apartment buildings in Kivistö, Vantaa and Honkasuo, Helsinki.

Choice of sustainable housing taken into account in design solutions

The design solutions employed in Lupajantie buildings pay attention to energy efficiency and use building solutions and materials that will last for decades. Homes and common areas feature efficient designs, which help reduce energy consumption and improve the carbon footprint of buildings.

The heat source for buildings will be geothermal heat, which uses thermal energy stored in the ground. Geothermal heat reduces carbon dioxide emissions and also has an added benefit in that it can also be used for cooling. The property will also be equipped with solar panels.

Sustainability too taken into account on the move

Lupajantie 2 is located in Mellunkylä in a peaceful residential area consisting mainly of detached houses, close to nature and outdoor recreation areas. Basic daily services can be found nearby in Mellunmäki, and a car-free life is also possible thanks to good public transport links. A shared car will be made available to residents. For people with reduced mobility requiring a car, some parking spaces will be equipped with charging stations for electric cars.

The distance to the nearest metro station in Mellunmäki is 1.1 km (13 minutes on foot), and the metro ride to Itäkeskus takes 5 minutes and to central Helsinki 34 minutes ( 15 km). The nearest HSL City Bike Station is 600 meters from the property in Sinkilätie.

For media inquiries, please contact: SATO Corporation, Arto Aalto, Vice President, Investments, phone +358 40 513 0702, [email protected]

SATO is one of the leading providers of rental housing in Finland. SATO aims to offer a complete choice of rental housing and an excellent customer experience. At the end of 2020, SATO had nearly 26,800 apartments in Finland’s largest growth centers and in Saint Petersburg.

We promote sustainable development and initiative through our operations and work in open interaction with our stakeholders to generate added value. We operate profitably and with a long-term vision. We increase the value of our real estate portfolio through investments, investments and repairs.

SATO Group’s net turnover in 2020 was EUR 303.4 million, operating profit of EUR 179.6 million and profit before tax of EUR 129.5 million. The value of SATO’s investment properties is around 4.8 billion euros.


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