Hepsor N57 OÜ, a subsidiary of Hepsor AS, acquired a property at Nõmme tee 57,
Tallinn on 19 August 2022. The construction of the development project located
in peaceful and green Kristiine administrative district will begin already in
the fourth quarter of 2022. The development project has 26 apartments of
different sizes, from compact one-room apartments to spacious four-room
apartments with large terraces.
Henri Laks, member of the Management Board of Hepsor AS, said: ?Over the last
year we have added 9 new development projects including 4 in Estonia and 5 in
Latvia. Total addition amounts to approximately 430 apartments (incl ca 250 in
Estonia and ca 180 in Latvia), which is about 26% of Group's residential
development projects, and approximately 27,700 m(2) of commercial property
mostly in Latvia. The construction of acquired development projects will start
between 2022-2027. We consider the implementation of our green thinking concept
imporant for all new projects."
Anneli Simm
Head of Investor Relations
Phone: +372 5615 7170
e-mail: anneli@hepsor.ee
Hepsor AS (www.hepsor.ee/en/ (http://www.hepsor.ee/en/)) is one of the fastest
growing residential and commercial real estate developers in Estonia and Latvia.
Over the last eleven years Hepsor has developed more than 1,400 homes and
24,000 m(2) of commercial space. Hepsor has been the first real estate developer
in the Baltic States to implement a number of innovative engineering solutions
that make the buildings we construct more energy-efficient and thus more
environmentally friendly. The company's portfolio is comprised of 27 development
projects with a total sellable space of 180,000 m(2).
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