We are developing the coolest business hub in the Baltic region
THE BEST COMMUNITY AND CONTACTS FOR COOPERATION 
AN INSPIRING ENVIRONMENT FOR CREATIVITY AND INNOVATION
WE ARE GROWING AND CREATING SPACE FOR YOU TO GROW AS WELL
WE PROVIDE THE SERVICES SO THAT YOU CAN FOCUS ON YOUR BUSINESS
EASY ACCESS AND GOOD CONNECTIONS



Ülemiste City

400

companies

30

hectares

18 000

talents

169 000

of office space

3000

parking spaces

Ülemiste City is a modern district located on the territory of the old Dvigatel factory in the immediate vicinity of Tallinn Airport. Ülemiste City houses a large number of innovative enterprises and its aim is to develop the 30-hectare Smart City into the largest knowledge- based economic environment in the Baltic countries.

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News

15.12.2025Mainor Ülemiste Subsidiary Signs 30-Million-Euro Loan Agreement for Construction of Masing Office Building  

Mainor Ülemiste AS subsidiary TÜC Majad OÜ and Swedbank have signed a 30-million-euro loan agreement to finance the construction of a 13-storey office building with an A-energy class and gross area of 27 300 square metres in the Ülemiste City at Lõõtsa 1 B/C.

The total investment cost is approximately 48 million euros excluding VAT, and the construction tender for the office building was won by AS Merko Ehitus Eesti. Construction work on the building will begin in March 2026 and the planned completion date is November 2027. The new building will be built to the highest environmental standards: it will have A-energy class, district heating and cooling, and a 150-kW solar panel system.

Swedbank is Mainor Ülemiste's long-term and largest financial partner, that has helped develop the Ülemiste City campus for 20 years. Swedbank's predecessor, Hansapank, was one of the first banks to start financing the Ülemiste City developments, and Swedbank has financed the construction of nearly ten buildings.

Ülemiste City, developed by Mainor Ülemiste, is a community focused on innovation and collaboration, offering tenants opportunities to grow faster, find good partners and be conveniently connected with foreign partners. The new Viktor Masing building is planned to support growth, with flexible office space, natural and responsible design and smart building solutions.

15.12.2025Mainor Ülemiste Has Signed a Contract with as Merko Ehitus Eesti for the Construction of a New Office Building

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03.09.2025€18 Million Investment Makes Ülemiste City the Largest Privately Funded Health Campus in the Baltics

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Investor
Mainor Ülemiste AS periodic reports

Year1Q2Q6 months3Q4Q12 months
2025 1 Q 2 Q  6 months 3 Q  
2024 1 Q   2 Q6 months 3 Q 4 Q  2024 Annual Report
 
2023

 1 Q 2 Q 6 months 3 Q 4 Q  2023 Annual Report
 
2022

 1 Q 2 Q 6 months 3 Q 4 Q  2022 Annual Report

2021

 1 Q
 2 Q 6 months 3Q 4Q 2021 Annual Report

2020

 1 Q
 2 Q
 6 months
 3 Q
 4 Q
 2020 Annual Report

2019

 1 Q
 2 Q
 6 months
 3 Q
 4 Q
 2019 Annual Report

2018




 3 Q
 4 Q
 2018 Annual Report

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Contact us

Customer Support 24/7

+3726446666

Einar Niin

Sales Manager
einar.niin@mainorulemiste.ee
+372 5621 7713

Kairi Aruvald

Key Account Manager
kairi.aruvald@mainorulemiste.ee
+372 526 6622

Karoliina Ojanurm

Key Account Manager
karoliina.ojanurm@mainorulemiste.ee
+372 5434 0444