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SATO ranked number one in Europe in an international sustainability management benchmark
Globenewswire· 2025-10-01 10:00
Core Insights - SATO's sustainability management has been recognized as top-level in Europe according to the Global Real Estate Sustainability Benchmark (GRESB) results, achieving the maximum score in the Management section and ranking first among over a thousand assessed real estate companies in Europe [1][3]. Group 1: GRESB Assessment Results - SATO received full points in most GRESB assessment categories, scoring 100% in leadership and policies, reporting, risk management, stakeholder engagement, sustainability targets, and ESG data monitoring [5]. - The company improved its scores in both the Performance section (78/100 points, up from 76) and the Development section (86 points, up from 83), earning Green Star recognition in both [6]. - Significant improvements were noted in areas where SATO had a strong foundation, particularly in risk assessment and household waste data coverage [5]. Group 2: Areas for Improvement - Points were lost in energy data coverage and building certifications, as Finnish rental housing providers typically lack visibility into residents' energy consumption [7]. - SATO has not applied for environmental certifications for its construction projects or existing residential buildings, which significantly impacts the overall score in the GRESB assessment [7]. Group 3: Company Background and Goals - SATO is one of Finland's largest rental housing providers, owning around 27,000 rental homes in major cities [10]. - The company aims to provide excellent customer experiences and a comprehensive range of urban rental housing options while promoting sustainable development [11].
Sustainability plays an increasingly important role in housing choices, SATO’s new survey shows
Globenewswire· 2025-09-30 07:00
Core Insights - The importance of sustainability in housing decisions has significantly increased, with around 60% of respondents indicating it directly influences their housing choices [1] - SATO is actively investing in sustainable practices, including emission-free energy sources and energy-efficient buildings, with one third of its 27,000 rental homes expected to feature solar panels or geothermal energy by year-end [2] Group 1: Sustainability in Housing - Over half of respondents have made changes to their energy consumption in the past year, primarily through small actions like reducing sauna time and turning off lights [3] - SATO has implemented apartment-specific water meters in around 8,000 homes, allowing residents to monitor their water usage in real time, potentially leading to an 8% annual reduction in water use [4] - Almost all respondents reported recycling, with 73% sorting biowaste, highlighting the importance of comprehensive recycling options as a hallmark of responsible rental housing [5] Group 2: Resident Expectations - Respondents expect their rental housing provider to take responsibility for sustainability and guide residents in making responsible choices, with 54% requesting guidance on recycling [6] - The survey conducted in April 2025 included 1,004 participants aged 18 to 74, representing both homeowners and rental residents from various regions [7] Group 3: Company Overview - SATO Corporation is one of Finland's largest rental housing providers, owning approximately 27,000 rental homes in key urban areas [8] - The company aims to enhance customer experience and promote sustainable development while engaging with stakeholders [9]
韩国租房暴雷?3万个家庭被逼上绝路
Hu Xiu· 2025-09-28 07:04
Core Insights - South Korea's unique "financial housing" rental model allows tenants to pay a large sum to landlords in exchange for two years of free living, while landlords use this money for real estate speculation, leading to significant tenant dissatisfaction [1] Group 1 - The "financial housing" model involves tenants providing substantial upfront payments to landlords, which is a departure from traditional rental agreements [1] - This system has resulted in many tenants expressing frustration and hardship due to the financial burden imposed by the upfront payment requirement [1] - Landlords benefit from this arrangement by utilizing the large sums received from tenants to invest in real estate, potentially increasing their wealth [1]
SATO Oyj - Managers' Transactions
Globenewswire· 2025-09-26 10:00
Group 1 - SATO Corporation is a leading provider of sustainable rental housing in Finland, owning approximately 27,000 rental homes in major cities such as Helsinki, Tampere, and Turku [2][4] - The company focuses on delivering an excellent customer experience and offers a diverse range of urban rental housing options with good access to public transport and services [3][4] - SATO emphasizes sustainable development and engages in open interaction with stakeholders, aiming for profitable and long-term investments to enhance asset value through various strategies [4] Group 2 - On September 25, 2025, Balder Finska Otas AB, associated with board member Erik Selin, acquired 27,000 shares of SATO at a unit price of 21 EUR, marking an initial notification of this transaction [1]
Interest in rental living grows among high-income earners and homeowners, SATO's survey shows
Globenewswire· 2025-09-22 12:00
Core Insights - The appeal of rental housing is increasing across all age groups, particularly among homeowners, as indicated by SATO's survey [1][3] - 70% of homeowners reported a growing interest in rental living, with half of all respondents noting an increase in interest over the past year [3] - Interest in rental housing is notably rising among high-income individuals, with nearly one-third of those earning over 85,000 euros annually reporting a significant increase in interest [3] Reasons for Interest in Rental Housing - The primary reason for choosing rental housing is personal financial situations, followed by the ease and flexibility of renting, and location opportunities [4] - The trend of increasing interest in rental housing is supported by the observation that new demographic groups are attracted to the flexibility of rental living, not solely due to financial necessity [5] Key Factors in Choosing Rental Housing - Approximately 90% of respondents consider a good price-quality ratio, an approachable housing provider, and reliable maintenance services as critical factors when selecting a home [6] - Today's rental residents prefer not to worry about maintenance or renovations, and the ability to move flexibly is important for adapting to life changes [7] Location Preferences - Important location factors for respondents include good public transport connections, access to nature, proximity to services, and affordable housing costs [8] Survey Details - SATO's survey was conducted through online interviews in April 2025, involving 1,004 participants aged 18 to 74 from Uusimaa, Tampere, and the Turku region [9]
The Biggest Single-Family Rental Landlords and Multifamily Landlords in the US: Big Shifts Underway
Wolfstreet· 2025-09-15 15:37
Core Insights - The single-family rental market is evolving as major landlords shift from purchasing individual homes to developing build-to-rent communities, driven by the need for cost-effective operations and changing market dynamics [1][4][6]. Single-Family Rental Market - The top six single-family rental landlords own a total of 422,000 properties, while mom-and-pop landlords control approximately 11 million single-family rentals out of nearly 50 million total rental units in the US [1][5]. - Since 2022, major single-family rental landlords have been selling individual homes acquired during the Housing Bust, which began in 2012 when home prices were low [2][11]. - These landlords are increasingly focusing on new construction of entire for-rent developments, which are more efficient to manage compared to scattered older homes [3][4]. Major Players in Single-Family Rentals - Progress Residential, the largest single-family rental landlord, owns 94,000 properties and has shifted to acquiring build-to-rent developments, totaling 7,500 rentals [7][8]. - Invitation Homes, with 93,603 single-family rentals, has also transitioned to purchasing new construction developments, selling off individual homes since 2022 [10][11]. - American Homes 4 Rent owns 60,596 single-family rentals and has completed its 10,000th home in build-to-rent developments, planning to deliver 1,800 to 2,000 homes in 2025 [13][15]. Multifamily Rental Market - The largest multifamily landlord, Greystar, has expanded its portfolio to 122,545 units, reflecting a significant growth of 53% over four years [20]. - The multifamily sector has seen a historic boom with over 4 million units started between 2015 and 2024, but is now facing challenges with a delinquency rate for multifamily mortgages rising to 6.9% [20][25]. - The top 50 multifamily landlords collectively own 2.50 million rental apartments, marking a 10% increase over the past five years [22].
CAPREIT Announces September 2025 Distribution
Globenewswire· 2025-09-15 12:00
Core Points - CAPREIT announced a monthly distribution of $0.12917 per Unit for September 2025, equating to an annualized amount of $1.55, payable on October 15, 2025 [1] - As of June 30, 2025, CAPREIT owns approximately 45,400 residential apartment suites and townhomes, with a total fair value of around $14.5 billion [2] - CAPREIT has increased its monthly cash distributions per Unit by 117% since its Initial Public Offering in May 1997 [2] Company Overview - CAPREIT is the largest publicly traded provider of quality rental housing in Canada [2] - The company has properties located across Canada and the Netherlands, excluding approximately 1,600 suites classified as assets held for sale [2] - The total fair value of CAPREIT's assets, excluding those held for sale, is approximately $14.5 billion [2]
CAPREIT Completes Sale of International Plaza to Nch'ḵaý Development Corporation
Globenewswire· 2025-09-10 21:30
Core Viewpoint - CAPREIT has successfully sold its land lease interest in International Plaza to Nch'ḵay̓ Development Corporation for $54.2 million, marking a significant step in supporting First Nations economic leadership in Canada [1][2][3]. Group 1: Transaction Details - The property sold, International Plaza, was built in 1975 and includes 471 residential suites and 11 commercial units with over 65,000 square feet of gross leasable area [2]. - The sale price of $54.2 million excludes transaction costs and customary adjustments [2]. Group 2: Company Strategy and Vision - CAPREIT aims to contribute to the growth of First Nations representation in the residential real estate industry and enhance the quality of living for residents [3]. - The company expresses gratitude towards the Canada Mortgage and Housing Corporation for initiatives like the MLI Select Program that facilitate such transactions [3]. Group 3: Company Overview - As of June 30, 2025, CAPREIT is Canada's largest publicly traded provider of quality rental housing, owning approximately 45,400 residential apartment suites and townhomes with a total fair value of about $14.5 billion [4].
Matti Peltola appointed Director, Property Maintenance at SATO
Globenewswire· 2025-09-04 12:20
Group 1 - SATO Corporation has appointed Matti Peltola as Director of Property Maintenance, effective from August 25, 2025, to enhance expertise in property maintenance and apartment repairs [1][3] - Peltola has a strong background in real estate and construction, having previously worked as a Property Manager at Y-Säätiö and held roles at Caverion and YIT [2] - The Executive Vice President of Housing Business at SATO, Elina Vaurasalo, expressed confidence that Peltola's leadership will improve customer experience and collaboration within the company [3] Group 2 - SATO Corporation is one of Finland's largest rental housing providers, owning approximately 27,000 rental homes in major cities including Helsinki, Tampere, and Turku [4] - The company focuses on providing excellent customer experiences and a diverse range of urban rental housing options, emphasizing sustainable development and stakeholder interaction [5] - SATO is celebrating its 85th anniversary in 2025, highlighting its long-term commitment to profitable and sustainable investments [5]
URI城市租住洞察:租房避坑指南|学会这几招,一眼识破“串串房”!
Sou Hu Cai Jing· 2025-09-03 13:20
Core Insights - The phenomenon of "串串房" (Chuan Chuan Fang) reflects a growing issue in the rental market where young tenants unknowingly rent properties with serious indoor pollution problems, particularly formaldehyde exposure [2][12] - The article emphasizes the need for transparency and regulation in the rental market to protect tenants from health risks and financial exploitation [12] Group 1: Definition and Characteristics of "串串房" - "串串房" refers to properties purchased cheaply by investors, quickly renovated with low-quality materials, and then rented out at high prices under the guise of being "well-decorated" [2] - Key characteristics include trendy decoration styles, unusually low rental prices, low-quality furniture and appliances, unresponsive landlords, and newly renovated spaces lacking signs of prior habitation [3][4][5] Group 2: Health Risks - Many tenants report health issues such as dizziness and respiratory discomfort shortly after moving into these properties, often due to high levels of formaldehyde and other pollutants [5][6] - Specific cases highlight severe health consequences, including hospitalization due to elevated levels of formaldehyde and other volatile organic compounds (VOCs) [6] Group 3: Challenges in Tenant Rights Protection - Tenants face significant obstacles in seeking redress, including uncooperative landlords, contractual traps, and legal complexities [7] - Legal advice indicates that many rental contracts contain unfair clauses, complicating the process for tenants to claim damages [7] Group 4: Guidelines for Formaldehyde Testing - Effective formaldehyde detection and evidence preservation are crucial for successful tenant claims, with recommended testing standards and procedures outlined [8] - Professional testing services should be utilized, and tenants are advised to ensure proper documentation and presence of landlords during testing [8] Group 5: Recommendations for Avoiding "串串房" - Tenants are encouraged to conduct thorough inspections, particularly during summer afternoons, and to be wary of properties that show no signs of prior habitation or are priced significantly below market rates [9][10] - A systematic approach called "Four Checks and One Smell" is suggested to assess properties effectively [10] Group 6: Industry and Regulatory Context - The "串串房" issue highlights regulatory gaps in the rapidly expanding rental market, prompting the government to introduce new housing rental regulations aimed at ensuring safety and environmental standards [12] - Industry leaders are beginning to implement measures such as publicizing CMA reports and improving response times for property inspections [12]