iLOQ and SATO partner up in new residential deal

Photo: SATO

SATO properties in Finland will now be fitted with sustainable digital access management

In accordance with the framework contract signed by both parties, iLOQ becomes the provider of the S10 digital locking solutions and software for at least 50% of SATO’s rental properties and communal spaces in Finland.

According to Yaron Nadbornik, Head of Procurement for SATO stated, “SATO residents will enjoy the security benefits provided by iLOQ’s locking solution as loosing keys will no-longer reduce the security of their home building. The access rights for the lost keys can be revoked quickly, and the locks won’t need to be replaced.”

SATO’s new alignment with iLOQ reinforces SATO’s company strategy, which focuses on catering to needs related to increasing digitalization, globalization and demand for sustainable homes, all with a customer-first approach.

“This contract reconfirms iLOQ’s commitment to environmental sustainability and incredible security with its digital access management solutions for properties with multiple access needs,” Heikki Hiltunen, President and CEO of iLOQ explained.

Additionally, iLOQ’s digital management solutions will provide considerable lifecycle savings for the SATO buildings covered under this contract.

“We are happy to highlight that our locking solutions are coinciding with a face-paced world that’s demanding smart, sustainable and cost-effective products,” Tomi Karjalainen said, Chief Sales Officer of the Nordic region.

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iLOQ in brief

iLOQ is a rapidly growing Finnish company that is leading the technological revolution in the digital locking industry. iLOQ transforms mechanical locks into digital and mobile access management. iLOQ solutions are based on technologies developed and patented by the company, enabling electronic and mobile locking without batteries or cables. iLOQ replaces mechanical and electromechanical locking systems with environmentally friendly solutions that solve the problems of lost or copied keys, lock maintenance and lifecycle costs.

SATO in brief

SATO is one of Finland’s leading rental housing providers. SATO aims to offer a comprehensive choice of rental housing and an excellent customer experience. At year-end 2017 SATO owned around 25,800 apartments in Finland’s largest growth centres and in St 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 view. We increase the value of our housing assets through investments, divestments and repairs.