Hepsor Takes Bold Step in Business Development with New Center
Hepsor Embarks on New Business Center in Rae Municipality
Hepsor AS, through its subsidiary Hepsor VT49 OÜ, is excited to announce the commencement of plans for a modern business center located at Vana-Tartu Road 49. This development represents a significant investment in the Rae municipality, bringing with it ample opportunities for both residents and businesses alike.
Planned Features of the New Business Center
The proposed business center will feature two stories with a total leasable area of 3,500 m². A Maxima store is set to be established on the ground floor, offering a wide range of shopping options for local consumers. The second floor will be home to a GYM fitness club, promoting health and wellness in the community. Remarkably, these lease agreements have already secured 88% of the rental space, indicating a strong demand for this new project.
Timeline for Development
Currently, Hepsor is entering the design phase of this ambitious project. It is anticipated that construction will kick off in 2026, with plans for the grand opening scheduled for summer 2027. This strategic timeline demonstrates Hepsor's commitment to creating modern, versatile business environments, catering to the needs of the local population.
Hepsor's Commitment to Innovation and Sustainability
Operating primarily in Estonia, Latvia, and Canada, Hepsor is known for its focus on developing both residential and commercial real estate. Over fourteen years, the company has successfully established 2,076 homes and approximately 36,300 m² of commercial spaces. Hepsor takes pride in being a trailblazer in the Baltic States, implementing innovative engineering solutions aimed at improving energy efficiency and environmental sustainability in its buildings.
Company Overview
Hepsor boasts a diverse portfolio of 25 ongoing development projects, with a total area of 172,800 m². This dynamic approach reflects Hepsor's adaptability and responsiveness to market demands, ensuring that they remain at the forefront of the real estate sector.
Contact Information
For further inquiries and information, feel free to reach out to:
Henri Laks
Member of the Management Board
Phone: +372 5693 9114
e-mail: henri@hepsor.ee
Frequently Asked Questions
What is the size of the new business center being developed by Hepsor?
The new business center will have a total leasable area of 3,500 m².
What businesses will be featured in the new center?
A Maxima store will occupy the ground floor, while a GYM fitness club will be located on the second floor.
When is the expected opening date for the business center?
The opening is planned for the summer of 2027.
Where is the business center located?
The business center will be located at Vana-Tartu Road 49, in Rae municipality.
How many development projects does Hepsor currently have?
Hepsor has a portfolio consisting of 25 development projects totalizing 172,800 m².
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