Balder’s subsidiary SATO Corporation will change valuation method
The Board of Directors of SATO Corporation has today taken the decision to begin using a yield based valuation method to determine the value of the company’s investment properties that earlier was valued by the sales comparison method. As a result of the change, the company’s property values are expected to increase by EUR 450-500 million. SATO will switch to the yield based valuation method in its financial statements as of 31 December 2019. For further information, please contact:CEO Erik Selin, tel. +46 706 074 790 orHead of Finance Marcus Hansson, tel. +46 768 369 848 This