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 m2 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.“