Hepsor begins development of a business center in Rae municipality

Core Insights - Hepsor AS subsidiary, Hepsor VT49 OÜ, has signed long-term lease agreements with Maxima Eesti OÜ and GYM Eesti OÜ for a new business center development [1] - The business center will have a total leasable area of 3,500 m², with 88% of the space already leased [1] - Construction is expected to begin in 2026, with the opening planned for summer 2027 [2] Company Overview - Hepsor AS is a developer of residential and commercial real estate operating in Estonia, Latvia, and Canada [2] - The company has developed 2,076 homes and nearly 36,300 m² of commercial space over fourteen years [2] - Hepsor has a portfolio of 25 development projects totaling 172,800 m² and is recognized for implementing innovative engineering solutions for energy efficiency [2]