Published: 2021-04-13 10:27:04 CEST
Mainor Ülemiste
Company Announcement

Mainor Ülemiste AS signed a loan agreement with OP Bank of over 11 million euros for the construction of a new educational complex

Mainor Ülemiste, the developer of Ülemiste City, and OP Bank signed a loan agreement of 11.7 million euros to finance the construction of a new educational complex.

The new educational complex brings together both local and international educational institutions from kindergarten to university. The IT Faculty of the Estonian Entrepreneurship University of Applied Sciences, International School of Tallinn, Emil School and Kalli-Kalli Kindergarten will move under one roof, where it is possible to acquire education in Estonian, English and French.

Students, teachers and parents, as well as specialists from the University of Tartu movement laboratory were involved in the design of the complex, which accommodates almost 850 students, to create an inviting, supportive and environmentally friendly complex.

The construction of the building at Valukoja 7 will start in the summer of this year and be completed by beginning of 2023.

OP Bank is a long-term financial partner of Mainor Ülemiste. In addition to office building developments, they have helped to develop Ülemiste Health Center, which provides health services from over 250 specialists, and first homes in Lurich residences.

Mainor Ülemiste is a subsidiary of Mainor AS, whose main activity is the development of Ülemiste City, the largest business campus in the Baltics. As of today, the 36 hectare of the campus has 150 000 square metres of rentable office space. It is a home for about 500 companies and working, studying and living environment for over 12 000 people. Ülemiste City is developed by Mainor AS, Mainor Ülemiste AS and Technopolis Ülemiste AS.


Ursel Velve

Mainor Ülemiste AS, Chairman of the Management Board

+372 507 9781