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SATO Oyj: SATO achieved Green Star rating for sustainability work

SATO Corporation, Press Release, 9th September 2016 at 9:15 am

Ranked first among Nordic unlisted housing investment companies

SATO's sustainability programme has achieved a Green Star in Global Real
Estate Sustainability Benchmark (GRESB) for second time in a row.

In its peer group, unlisted housing investment companies, SATO was ranked the
best among five Nordic, and sixth-highest among twenty-four European housing
investment companies. At the global level SATO was the ninth-best among the
65 participating housing investment companies.

Head of SustainabilityKati Kniivilä
from SATO:

- A successful sustainability programme for us as a rental housing provider
requires long-term actions especially on reducing emissions, standardization
of reporting, and engaging our customers to make sustainable choices. For
example we use wind powered electricity in our buildings, we do our
sustainability reporting according to the GRI guidelines, and we encourage
our residents to ecological thinking i.e. with an annual water saving

- Looking at the GRESB results we can happily state that we have done good
work. Our overall score increased from last year, and we scored exceptionally
well on the sustainability management as well as on our policies and
disclosure. According to the review we monitor the fulfilment of
sustainability comprehensively, and our way of engaging for example our
customers and personnel was reviewed markedly higher than the peer average

- As the stakeholders' interest on the sustainability policies of corporations
continues to grow, we want to evolve to be an even more responsible housing

The results of the 2016 GRESB Report are based on sustainability data
collected from 733 property companies.

To read more about GRESB

For more information please contact:
SATO Corporation
Kati Kniivilä, Head of Sustainability, phone +358 201 34 4106 or +358 40 518

SATO is one of Finland's leading rental housing providers. SATO's aim is to
offer comprehensive alternatives in rental housing and an excellent customer
experience. At the end of Q2/2016, SATO holds roughly 25,400 rental homes in
Finland's largest growth centres and in St Petersburg.

In our operations, we promote sustainable development and initiative-taking,
and work in open interaction with our stakeholders to create added value. We
operate profitably and with a long-term view. We increase the value of our
housing property through investments, divestments and repair work.

SATO Group's net sales in 2015 were €323.4 million, operating profit €196.5
million and profit before taxes €159.4 million. SATO's investment properties
have a value of roughly 3.2 billion (Q2/2016).


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SATO Oyj via Globenewswire

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