Wishlist for municipal decision-makers: Wallet-friendly housing through sufficient land use planning, complementary construction and atmosphere of innovation
(Thomson Reuters ONE) -
SATO Corporation, Press release, 5th April 2017 at 11:55 am.
In the run-up to Finland's local elections, the housing investment company SATO
hopes to see the new municipal decision-makers to ensure sufficient and
permissive land use planning, bolster complementary construction and promote an
atmosphere of innovation in urban construction. According to SATO, these are the
three things that will facilitate the construction of sufficient housing stock
and, consequently, homes that are affordable to consumers.
- The housing policy debate in the run-up to the local elections has been sound
and constructive. Everyone knows that even according to the moderate scenario
provided by VTT Technical Research Centre of Finland around 600,000 homes will
need to be constructed in Finland's growth centres by 2040. Things are moving in
the right direction at the moment, and efforts must be made to also ensure in
the future that the housing construction rate won't slow down or put a block on
urban development, says President and CEO Saku Sipola from SATO.
According to Sipola, new, concrete measures are also needed to maintain the rate
of development. Sufficient and permissive land use planning, bolstering
complementary construction and creating an atmosphere or innovation are listed
by Sipola as the most important ones of these.
- Consumers need wallet-friendly housing. The most efficient way to contribute
towards this is sufficient and more permissive land use planning that ensures
sufficient supply of housing. Local detailed plans are legal documents with a
long period of validity that have become too detailed and therefore get out of
date rather quickly. An excessive level of detail results not only in expensive
construction but also in an expensive process as the plans, including the
numerous studies and reports involved, are drawn up several times.
Another key solution pointed out by Sipola is complementary construction based
on existing infrastructure, which makes it ecological, reduces municipal
infrastructure investments and improves local services as the number of
residents increases.
- Some cities are abolishing the complementary construction compensation for
those occupying plots of land leased from the city. This will reduce interest
among local players in making land use more efficient, Sipola says.
The third important issue according to Sipola is promoting an atmosphere of
innovation.
- Many challenges such as flexibility in the number of car parking spaces can be
solved in the planning phase. With car usage rates getting lower in areas with
good urban public transport services, the number of private cars will get
smaller in the future. A potential solution could be to have block-specific
high-quality multi-storey car parks that could later be repurposed or replaced
by residential buildings. A solution like this would be more flexible and
innovative than expensive underground parking facilities that increase apartment
prices and have no alternative use in the future.
Sipola believes that new innovations are currently often rejected in the
planning phase simply because certain solutions have never been implemented
before.
For more information please contact:
SATO Corporation
Saku Sipola, President and CEO, phone +358 201 34 4001 or +358 40 551 5953
Miia Eloranta, Director, Marketing and Communications, phone +358 201 34 4497 or
+358 50 441 4221
www.sato.fi/en
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. SATO holds roughly 25,300 apartments 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 2016 were ?318.0 million, operating profit ?267.2
million and profit before taxes ?219.4 million. SATO's investment properties
have a value of roughly ?3.4 billion.
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
Unternehmensinformation / Kurzprofil:
Datum: 05.04.2017 - 10:55 Uhr
Sprache: Deutsch
News-ID 534557
Anzahl Zeichen: 5092
contact information:
Town:
Helsinki
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 186 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Wishlist for municipal decision-makers: Wallet-friendly housing through sufficient land use planning, complementary construction and atmosphere of innovation"
steht unter der journalistisch-redaktionellen Verantwortung von
SATO Oyj (Nachricht senden)
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