GlobeNewswire by notified

SATO data reveals: Rental housing season this year kicked off as early as March – July is the most popular month for seeking a rental home


Press release
SATO Corporation 8 June 2022 at 10:15 am

The highest number of rental applications are received in July, and it is not only students applying then. This year, demand for rental housing picked up already in the spring. In the post-pandemic era, both centrally located homes and homes in more outlying districts are again in demand in the Helsinki region.

According to SATO’s client and property data system, year after year the highest number of applications for rental homes are submitted in July*. The summer months are the busiest in rental housing, and it is not only students but also others** dreaming of a new rental home who are active in July.

Economic uncertainty and the rise in consumer prices and interest rates are to some extent reflected also in the rising demand for rental housing. Renting may now well be among the options considered also by those who are primarily out to buy. This year, students further along in their studies may be expected to join first-year students in seeking rental housing in their towns of study.

“The demand for rental housing pent up during the pandemic is now being unleashed. For us, it shows in the form of rising numbers of home applicants even before the usual summer-months spike,” says Janne Ojalehto, Chief Commercial Officer at SATO.

Your rental home search should start already in June

SATO is one of Finland’s biggest rental housing providers. With its years of experience, SATO knows that the highest number of decisions on housing are made expressly in July.

“People like to take their time to think over their housing situations, and the summer holidays often give them that time to think at leisure,” Ojalehto says.

“Right now, in the early summer, before the largest numbers of applicants are on the move, is the best time to start looking for a rental home,” he adds.

Renewed interest in centrally located and more outlying homes in cities

While the pandemic along with the increased prevalence of remote working and studying to some extent shifted rental housing demand towards larger homes and areas where rents are lower, the early part of the year has seen renewed interest in homes in the Helsinki region, both centrally located and ones in more outlying districts.

“For rental home applicants, too, it is mainly all about ‘location, location, location’. Rental homes with good access to public transport and services are in demand. Especially desirable are homes located along the metro lines and railway lines,” Ojalehto says.

SATO’s most sought-after districts in the Helsinki region***

The ten most popular city districts based on number of rental home applications in relation to to the available rental apartments, status 6 June 2022, source: SATO client and property data system

1. Mellunkylä, Helsinki                

2. Pikku Huopalahti, Helsinki        

3. Kontula, Helsinki        

4. Herttoniemi, Helsinki                

5. Vuosaari, Helsinki                

6. Matinkylä, Helsinki                

7. Kallio, Helsinki                

8. Oulunkylä, Helsinki                

9. Hakunila, Vantaa                

10. Pihlajamäki, Helsinki                

* Graph: Applications for SATO rental homes, index 10/2017-09/2021 and 01/2022-05/2022, source: SATO client and property data system

To view this piece of content from, please give your consent at the top of this page.

** The primary occupations of the applicants in July from 2018 to 2021, source: SATO client and property data system: The number of students among all applicants is 35% higher in July compared to the other months of the year. Employees are still clearly the largest group of applicants also in July. Students are the second largest group.
*** SATO’s most sought-after districts in the Helsinki region, based on number of rental home applications in relation to to the available rental apartments, status 6 July 2022, source: SATO client and property data system

For media enquiries, please contact:
Janne Ojalehto, Chief Commercial Officer, phone +358 50 500 4310

SATO Corporation is an expert in sustainable rental housing and one of Finland’s largest rental housing providers. SATO owns around 25,000 rental homes in the Helsinki Metropolitan Area, Tampere and Turku.

SATO aims to provide an excellent customer experience and a comprehensive range of urban rental housing alternatives with good access to public transport and services. We promote sustainable development and work in open interaction with our stakeholders. SATO invests profitably, sustainably and with a long-term view. We increase the value of our assets through investments, divestments and repairs.

In 2021, SATO Group’s net sales totalled EUR 298.3 million, operating profit EUR 304.5 million and profit before taxes EUR 259.4 million. The value of SATO’s investment properties is around EUR 5


To view this piece of content from, please give your consent at the top of this page.
To view this piece of content from, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Huhtamaki publishes 2022 Half-yearly Report on July 21, 202230.6.2022 09:00:00 CEST | Press release

HUHTAMÄKI OYJ PRESS RELEASE 30.6.2022 AT 10:00 Huhtamaki publishes 2022 Half-yearly Reporton July21, 2022 Huhtamäki Oyj will publish its 2022 Half-yearly Report on Thursday, July 21, 2022, approximately at 8.30 am Finnish time (EEST). The release and related results presentation material will be available after publishing at Teleconference Huhtamaki will arrange a combined audiocast and teleconference on the same day at 9.30 am Finnish time, where the company’s management will present the results. The event will be followed by a Q&A session. The event will be held in English, it can be followed real-time at: If you wish to ask questions, please dial one of the following numbers 5-10 minutes prior to the call start: Finland Toll: +358981710310 Sweden Toll: +46 856642651 United Kingdom Toll: +44 3333000804 United States Toll: +1 6319131422 Confirmation code for the call is 23337170# An on-demand replay of the audiocast w

Fingerprints announces design win for its optical under-display solution with major Asian smartphone OEM30.6.2022 08:00:00 CEST | Press release

Fingerprint Cards AB (Fingerprints™) today announced that it has secured a design win* for its optical under-display solution, FPC 1632, with a major Asian smartphone OEM, following successful qualification tests earlier this year. We expect to commence shipments during the fourth quarter of 2022. “Since many years, Fingerprints is a well-established world leader in capacitive fingerprint sensors. The design win we are announcing today marks our entry into a new market segment: optical under-display fingerprint sensors. This will open up attractive new growth opportunities for us going forward, and our goal is to capture a significant share of this market,” says Ted Hansson, President Mobile, PC & Access China at Fingerprints. For more information about Fingerprints’ mobile device solutions, visit the website. * Fingerprints’ definition of Design Win (DW): The decision by a device vendor (OEM or ODM) to start development of one or several commercial product(s) incorporating Fingerprint

Inaugural Yara Clean Ammonia Capital Markets Day30.6.2022 08:00:00 CEST | Press release

Oslo, 30 June 2022: Today, Yara International ASA (“Yara”) will host a Capital Markets Day (“CMD”) for Yara Clean Ammonia (“YCA” or the “Company”). During the event, members of YCA’s management team will present key features of the Company, including its strategy and growth ambitions, as well as financial parameters and targets for the future. In May 2022, Yara announced that it is evaluating a potential initial public offering (“IPO”) of YCA on the Oslo Stock Exchange. “While the decision to list YCA will be made in due course, Yara is now excited to host an inaugural CMD for YCA to showcase their exciting story,” said Svein Tore Holsether, CEO and President of Yara. “YCA combines a leading midstream business with exceptional growth prospects and a value creating project portfolio.” Key highlights: Clean ammonia represents a massive opportunity that is projected to drive exponential, long-term market growth [1].YCA comprises existing cash flows from a market leading position [2] in a

Ultimovacs Completes Patient Recruitment in INITIUM Phase II Trial of UV1 in Malignant Melanoma30.6.2022 08:00:00 CEST | Press release

Full recruitment of 154 patients with malignant melanoma in U.S. and Europe in 24 monthsStudy provides randomized data on impact of UV1 on standard-of-care immunotherapy Topline progression-free survival data expected H1 2023 Oslo, 30 June 2022: Ultimovacs ASA ("Ultimovacs") (OSE ULTI), a clinical stage leader in immune stimulatory vaccines for cancer, announces the completed recruitment of 154 patients in the INITIUM trial. INITIUM is Ultimovacs’ Phase II clinical trial of its universal cancer vaccine UV1 in combination with the checkpoint inhibitors ipilimumab and nivolumab in metastatic malignant melanoma. Consistent with INITIUM’s event-driven design, topline progression-free survival results will be disclosed after progression of cancer or death has been observed in a total of 70 patients. “It is a remarkable achievement that Ultimovacs and its clinical partners have completed recruitment to INITIUM largely on schedule despite challenges caused by the pandemic,” said Carlos de Sou