Market announcement

Hepsor AS

LEI code

254900NNCQC3L9WR9P45

Size of the entity

Medium group

Economic activities

Professional, Scientific and Technical Activities

Industry sector(s)

Alternative Investment Fund Manager

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

17765

Submission date and time

17.09.2025 07:00:12

Content of announcement in Estonian

Title

Hepsor AS-i kontserni ettevõte Hepsor Jugla SIA sõlmis Zaļā Jugla elamuarendusprojekti ehituselepingu

Message

15. septembril  2025. aastal allkirjastasid Hepsor  AS kontserni kuuluv ettevõte
Hepsor  Jugla SIA ja ehitusettevõte Mitt&Perlebach SIA ehituslepingu maksumusega
8,2 miljonit    eurot   (ilma   käibemaksuta).   Leping   sõlmiti   Za??   Jugla
elamuarendusprojekti  esimese  etapi  ehitustööde  teostamiseks aadressil Braila
iela 23, Jugla, Riia.

Projekti  esimese etapi raames ehitatakse kaks  kortermaja, kuhu tuleb kokku 70
uut  kodu, müüdava pinnaga 4262 m².  Ehitustööde valmimine on planeeritud 2027.
aasta teise kvartalisse.

Kogu  Za?? Jugla  elamuarendusprojekti raames  on kavas  rajada kolm kortermaja,
kokku  105 uue koduga ja  müüdava  pinnaga 6393 m². Arendusprojekti teise etappi
ehitusega  on plaanis alustada 2026. aasta jooksul. Projekti kahe etapi eeldatav
kogumaksumus on 15 miljonit eurot.

Za??  Jugla nimeline arendus asub Riia  linnas,  Jugla järve ääres, rohelises ja
rahulikus   keskkonnas,   pakkudes   kaasaegseid,   energiatõhusaid  (A+  klass)
kortereid,   millel   on  avarad  rõdud.  Tulevaste  elanike  kasutusse  tulevad
mänguväljakud, puhke- ja spordialad, jalgrattahoidlad, panipaigad, elektriautode
laadimisvõimalus ning turvaline aiaga piiratud territoorium.

Täpsem info: https://hepsor.lv/zalajugla/?q=eng

Hepsoril  on  tänaseks  Lätis  valminud  kokku  404 kodu  millest 96% on müüdud.
Lähiaastatel on lisaks valmimas üle 500 uue kodu.

Martti Krass
Juhatuse liige
Telefon: +372 5692 4919
e-post: [email protected]   (https://www.globenewswire.com/Tracker?data=i-EyQ9hO-
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Hepsor                             AS                             (www.hepsor.ee
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VPOG3kXj_7s0C5qUrdAVJWpjMjapag7HUE5Ye3lCr_-8GuVvn)) on   elu-   ja   ärikondliku
kinnisvara arendaja. Kontsern tegutseb Eestis, Lätis ja Kanadas. Neljateistkümne
tegutsemisaasta    jooksul    oleme    loonud   2 076 kodu   ja   ligi   36 300
m(2) äripindasid. Hepsor on esimese arendajana Balti riikides rakendanud mitmeid
uuenduslikke  insener-tehnilisi  lahendusi,  mis  muudavad  ettevõtte  rajatavad
hooned   energiasäästlikumaks   ja   seeläbi  keskkonnasõbralikumaks.  Ettevõtte
portfellis on kokku 25 arendusprojekti kogupindalaga 178 200 m(2).

Content of announcement in English

Title

Hepsor AS Group company Hepsor Jugla SIA signed a construction contract for the Zaļā Jugla residential development project

Message

On  September 15, 2025, Hepsor Jugla  SIA, a company  belonging to the Hepsor AS
Group,  and  construction  company  Mitt&Perlebach  SIA  signed  a  construction
contract,  with a total value of 8.2 million euros (excluding VAT). The contract
was signed for the construction of the first phase of the Za?? Jugla residential
development project, located at Braila iela 23, Jugla, Riga.

As  part  of  the  first  phase,  two  apartment  buildings will be constructed,
comprising  a total of 70 new homes,  4,262 m² of sellable area. Construction is
expected to be completed in the second quarter of 2027.

The  entire Za?? Jugla residential development project includes the construction
of  three apartment  buildings, totaling  105 new homes  and a  sellable area of
6,393 m².  The second phase of construction is planned to begin during 2026. The
total estimated cost of both phases of the project is 15 million euros.

The  Za?? Jugla development is located in the  city of Riga, by Lake Jugla, in a
green  and peaceful environment.  It offers modern,  energy-efficient (A+ class)
apartments   with   spacious  balconies.  Future  residents  will  benefit  from
playgrounds,  recreational  and  sports  areas,  bicycle storage, storage rooms,
electric vehicle charging stations, and a secure, fenced territory.

More information: https://hepsor.lv/zalajugla/?q=eng

To  date, Hepsor has completed a total of 404 homes in Latvia, 96% of which have
been  sold. In  the coming  years, more  than 500 new  homes are  expected to be
completed.

Martti Krass
Member of the Management Board
Phone: +372 5692 4919
E-mail: [email protected]
(https://www.globenewswire.com/Tracker?data=CgPvgGIGK8YEsaUQKxjFPue7PTpnJI_0dNtC
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Hepsor                             AS                             (www.hepsor.ee
(https://www.globenewswire.com/Tracker?data=lF15JZDxKS73HE-1UCwA-
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qcTEo=))  is a  developer of  residential and  commercial real estate. The Group
operates  in Estonia, Latvia and Canada. During our fourteen years of operation,
we  have created 2,076 homes and nearly  36,300 m(2) of commercial space. As the
first  developer  in  the  Baltic  countries,  Hepsor  has  implemented  several
innovative  engineering and technical solutions that make the buildings built by
the  company more energy-efficient  and thus more  environmentally friendly. The
company's  portfolio includes  a total  of 25 development  projects with a total
area of 178,200 m(2).