{"id":2792,"date":"2021-10-20T10:21:33","date_gmt":"2021-10-20T07:21:33","guid":{"rendered":"https:\/\/hepsor.ee\/?p=2792"},"modified":"2021-10-20T10:21:34","modified_gmt":"2021-10-20T07:21:34","slug":"the-real-estate-developer-hepsor-is-going-public","status":"publish","type":"post","link":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/","title":{"rendered":"The real estate developer Hepsor is going public"},"content":{"rendered":"\n

Hepsor, a real estate development company based on Estonian capital, intends to conduct an initial public offering of its shares in the near future and list the shares on the Baltic Main List of the Nasdaq Tallinn stock exchange. <\/strong><\/strong><\/p>\n\n\n\n

With the offering, Hepsor wants to give investors in the Baltic region an opportunity to invest in a fast-growing real estate development company operating in the Estonian and Latvian markets. The company plans to use the raised funds to finance developments that are already in the planning stage. The company\u2019s portfolio includes 20 new development projects, which are at a preparatory stage and the total area of which will be 140,000 square metres.<\/p>\n\n\n\n

LHV Pank AS is the organiser of the offering.<\/p>\n\n\n\n

The exact schedule of the offering depends, among other things, on the prevailing market conditions and on receiving the necessary approvals from the Financial Supervision Authority.<\/p>\n\n\n\n

According to Henri Laks, member of the management board of Hepsor, the company\u2019s good position is a result of long-term determined work. \u201cOur development portfolio is very strong in the context of the local market and thanks to that, we expect the rapid growth of our company to continue. Even for those who haven\u2019t previously invested in real estate, subscribing to our shares is a good opportunity to take part in the rapid development of the Estonian real estate market,\u201d said Laks, adding that as the company is growth-oriented, Hepsor will not be dividend stock in the next few years.<\/p>\n\n\n\n

Hepsor\u2019s turnover increased by 98% in 2020, reaching 38.8 million euros. The company\u2019s net profit grew by 115% to 2.9 million euros during the same period. For the past four years (2017\u20132020), Hepsor has been consistently among the four largest residential developers in Estonia. Last year, it was ranked second in the market with 277 new apartments sold. Hepsor is also developing green offices, where it is the first in the Baltics to introduce a number of innovative and environmentally friendly engineering solutions.<\/p>\n\n\n\n

The year 2020 was also successful for the group\u2019s Latvian companies, where sales revenue amounted to 4.9 million euros, accounting for almost 13% of the group\u2019s sales revenue.<\/p>\n\n\n\n

One of the company\u2019s largest and best-known development projects is the Manufactory Quarter in North Tallinn, which is at the preparatory stage and will include two new apartment buildings with a total of 154 apartments, and the Baltic Manufactory industrial building, which after reconstruction will have 400 apartments and 6,000 square metres of leasable commercial space.<\/p>\n\n\n\n

The construction of the first green high-rise at 113 P\u00e4rnu maantee in Tallinn is also worth mentioning. Regarding larger development areas, construction work has begun in Tallinn near the new planned Tallinn Hospital, where a total of 450 apartments will be built in the coming years. In Riga, development work has begun on a 3,800 square metre stock office on Ulbrokas Iela and a 120-apartment residential building on Kuldigas Iela.<\/p>\n\n\n\n

The founders and owners of Hepsor Group are Andres P\u00e4rloja (33.25%), Kristjan Mitt (33.25%) and Henri Laks (16.6%), with Lauri Meidla involved as a financial investor with a 16.9% holding.<\/p>\n\n\n\n

More information:<\/p>\n\n\n\n

Henri Laks, Chairman of the Management Board, Hepsor<\/p>\n\n\n\n

henri@hepsor.ee<\/p>\n","protected":false},"excerpt":{"rendered":"Hepsor, a real estate development company based on Estonian capital, intends to conduct an initial public offering of its shares in the near future and list the shares on the Baltic Main List of the Nasdaq Tallinn stock exchange. With the offering, Hepsor wants to give investors in the Baltic region an opportunity to invest […]","protected":false},"author":2,"featured_media":2847,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nThe real estate developer Hepsor is going public - Hepsor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The real estate developer Hepsor is going public - Hepsor\" \/>\n<meta property=\"og:description\" content=\"Hepsor, a real estate development company based on Estonian capital, intends to conduct an initial public offering of its shares in the near future and list the shares on the Baltic Main List of the Nasdaq Tallinn stock exchange. With the offering, Hepsor wants to give investors in the Baltic region an opportunity to invest […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/\" \/>\n<meta property=\"og:site_name\" content=\"Hepsor\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-20T07:21:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-20T07:21:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/10\/crop.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1256\" \/>\n\t<meta property=\"og:image:height\" content=\"636\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mari Kareda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mari Kareda\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/\"},\"author\":{\"name\":\"Mari Kareda\",\"@id\":\"https:\/\/hepsor.ee\/en\/#\/schema\/person\/dec7bd98fe7a5b24eb66df585d8bc209\"},\"headline\":\"The real estate developer Hepsor is going public\",\"datePublished\":\"2021-10-20T07:21:33+00:00\",\"dateModified\":\"2021-10-20T07:21:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/\"},\"wordCount\":523,\"publisher\":{\"@id\":\"https:\/\/hepsor.ee\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/10\/crop.png\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/\",\"url\":\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/\",\"name\":\"The real estate developer Hepsor is going public - Hepsor\",\"isPartOf\":{\"@id\":\"https:\/\/hepsor.ee\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/10\/crop.png\",\"datePublished\":\"2021-10-20T07:21:33+00:00\",\"dateModified\":\"2021-10-20T07:21:34+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/#primaryimage\",\"url\":\"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/10\/crop.png\",\"contentUrl\":\"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/10\/crop.png\",\"width\":1256,\"height\":636},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/hepsor.ee\/en\/#website\",\"url\":\"https:\/\/hepsor.ee\/en\/\",\"name\":\"Hepsor\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/hepsor.ee\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/hepsor.ee\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/hepsor.ee\/en\/#organization\",\"name\":\"Hepsor\",\"url\":\"https:\/\/hepsor.ee\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/hepsor.ee\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/08\/hepsor_logo.svg\",\"contentUrl\":\"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/08\/hepsor_logo.svg\",\"width\":98,\"height\":31,\"caption\":\"Hepsor\"},\"image\":{\"@id\":\"https:\/\/hepsor.ee\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/hepsor.ee\/en\/#\/schema\/person\/dec7bd98fe7a5b24eb66df585d8bc209\",\"name\":\"Mari Kareda\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/hepsor.ee\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8d0d13b9fbbc72be1ffadda76dc271af8372958e00e788a941cc180057c3fbe9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8d0d13b9fbbc72be1ffadda76dc271af8372958e00e788a941cc180057c3fbe9?s=96&d=mm&r=g\",\"caption\":\"Mari Kareda\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The real estate developer Hepsor is going public - Hepsor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/","og_locale":"en_US","og_type":"article","og_title":"The real estate developer Hepsor is going public - Hepsor","og_description":"Hepsor, a real estate development company based on Estonian capital, intends to conduct an initial public offering of its shares in the near future and list the shares on the Baltic Main List of the Nasdaq Tallinn stock exchange. With the offering, Hepsor wants to give investors in the Baltic region an opportunity to invest […]","og_url":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/","og_site_name":"Hepsor","article_published_time":"2021-10-20T07:21:33+00:00","article_modified_time":"2021-10-20T07:21:34+00:00","og_image":[{"width":1256,"height":636,"url":"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/10\/crop.png","type":"image\/png"}],"author":"Mari Kareda","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mari Kareda","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/#article","isPartOf":{"@id":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/"},"author":{"name":"Mari Kareda","@id":"https:\/\/hepsor.ee\/en\/#\/schema\/person\/dec7bd98fe7a5b24eb66df585d8bc209"},"headline":"The real estate developer Hepsor is going public","datePublished":"2021-10-20T07:21:33+00:00","dateModified":"2021-10-20T07:21:34+00:00","mainEntityOfPage":{"@id":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/"},"wordCount":523,"publisher":{"@id":"https:\/\/hepsor.ee\/en\/#organization"},"image":{"@id":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/#primaryimage"},"thumbnailUrl":"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/10\/crop.png","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/","url":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/","name":"The real estate developer Hepsor is going public - Hepsor","isPartOf":{"@id":"https:\/\/hepsor.ee\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/#primaryimage"},"image":{"@id":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/#primaryimage"},"thumbnailUrl":"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/10\/crop.png","datePublished":"2021-10-20T07:21:33+00:00","dateModified":"2021-10-20T07:21:34+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/hepsor.ee\/en\/the-real-estate-developer-hepsor-is-going-public\/#primaryimage","url":"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/10\/crop.png","contentUrl":"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/10\/crop.png","width":1256,"height":636},{"@type":"WebSite","@id":"https:\/\/hepsor.ee\/en\/#website","url":"https:\/\/hepsor.ee\/en\/","name":"Hepsor","description":"","publisher":{"@id":"https:\/\/hepsor.ee\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/hepsor.ee\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/hepsor.ee\/en\/#organization","name":"Hepsor","url":"https:\/\/hepsor.ee\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/hepsor.ee\/en\/#\/schema\/logo\/image\/","url":"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/08\/hepsor_logo.svg","contentUrl":"https:\/\/hepsor.ee\/wp-content\/uploads\/2021\/08\/hepsor_logo.svg","width":98,"height":31,"caption":"Hepsor"},"image":{"@id":"https:\/\/hepsor.ee\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/hepsor.ee\/en\/#\/schema\/person\/dec7bd98fe7a5b24eb66df585d8bc209","name":"Mari Kareda","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/hepsor.ee\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8d0d13b9fbbc72be1ffadda76dc271af8372958e00e788a941cc180057c3fbe9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8d0d13b9fbbc72be1ffadda76dc271af8372958e00e788a941cc180057c3fbe9?s=96&d=mm&r=g","caption":"Mari Kareda"}}]}},"_links":{"self":[{"href":"https:\/\/hepsor.ee\/en\/wp-json\/wp\/v2\/posts\/2792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hepsor.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hepsor.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hepsor.ee\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hepsor.ee\/en\/wp-json\/wp\/v2\/comments?post=2792"}],"version-history":[{"count":1,"href":"https:\/\/hepsor.ee\/en\/wp-json\/wp\/v2\/posts\/2792\/revisions"}],"predecessor-version":[{"id":2793,"href":"https:\/\/hepsor.ee\/en\/wp-json\/wp\/v2\/posts\/2792\/revisions\/2793"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hepsor.ee\/en\/wp-json\/wp\/v2\/media\/2847"}],"wp:attachment":[{"href":"https:\/\/hepsor.ee\/en\/wp-json\/wp\/v2\/media?parent=2792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hepsor.ee\/en\/wp-json\/wp\/v2\/categories?post=2792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hepsor.ee\/en\/wp-json\/wp\/v2\/tags?post=2792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}