The unaudited results of Mainor Ülemiste indicate record numbers in the turnover and profit of 2022.
The company’s turnover was 16.2 million euros, which is 24% higher than in 2021, and the net profit was 30.4 million euros, that is three times higher than last year. An important factor impacting the change in real estate value is mostly attributed to the completion of the new Alma Tomingas office building. The Alma Tominga building, which is planned to be awarded the energy and environmental sustainability LEED gold status, is an 11-story, over 20,000 square meter office building that is unique in Europe. Large international corporations such as Fujitsu Estonia and Breakwater Technology, as well as Estonian innovation and development leaders Skeleton Technologies and the Estonian Business and Innovation Agency, will be operating in the building.
Mainor Ülemiste is a subsidiary of Mainor AS, whose principal activity is the development of Ülemiste City, the largest business campus in the Baltics. A total of 167,000 square metres of leasable office space has been built on 36 hectares of the campus. It is home to nearly 500 companies and a work, study and living environment for more than 14,000 people.
Ülemiste City is being developed by Mainor AS, Mainor Ülemiste AS and Technopolis Ülemiste AS.