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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.
Mainor Ülemiste AS is investing €18 million in the construction of Ülemiste City’s third Health Centre. The new seven-storey building will expand the health cluster’s total area to over 27,000 square metres, securing Ülemiste City’s position as the largest privately funded health campus in the Baltics. The main contractor for Health Centre 3 is Fund Ehitus OÜ.
According to Sten Pärnits, Chairman of the Management Board of Mainor Ülemiste, the expansion of the health campus is a clear focus and natural development path for the developers, with the goal of offering high-quality healthcare services and supporting better quality of life. “Today, Ülemiste City’s health campus has become the region’s key provider of healthcare services, bringing together a wide spectrum of preventive and treatment solutions while driving innovation in the field,” Pärnits said. “The construction of the third Health Centre is the final step toward creating a fully integrated, modern health environment. By 2027, we will conclude nearly a decade of active health development, and the health campus at the heart of our city will be complete.”
The seven-storey, 10,500 m² building follows
the concept of Health Centre 2 and, like its predecessor, has been designed by
Apex Architects. Beyond the buildings themselves, Ülemiste City continues to
invest in expanding its green areas. In collaboration with landscape architects
Taju Ruum, a private park will be built next to the new Health Centre, creating
a pleasant environment for both patients and campus employees.
Reigo Marosov, CEO of Fund Ehitus, noted that collaboration with Ülemiste City is highly valuable and supports the development of the entire district. “With a clear vision and determined work, Ülemiste City has become a driving force for regional development. We are delighted to contribute to the next stage of the health campus and the creation of a modern healthcare environment,” said Marosov.
The anchor tenant of the new Health Centre will be Pihlakodu, one of the leading providers of modern nursing home services, which will open a new state-of-the-art care home in the building. Alongside Pihlakodu, which offers comprehensive elderly care services, a number of other healthcare providers will also begin operations in the centre.
Ülemiste City’s health campus has expanded in recent years to meet the growing demand for healthcare services. Today, nearly 40 different healthcare providers operate across the two existing Health Centres.
In autumn 2024, the seven-storey Von Baer Health Centre was opened, featuring a world-class diagnostic centre and a wide range of top clinics offering services from rehabilitation to aesthetic medicine. Its largest tenant is Tartu University Hospital, bringing university hospital services closer to people than ever before.
The first Health Centre, opened in 2020, is home to primary family medicine, occupational health, and physiotherapy providers. The campus also houses Aurora Surgical Clinic with three multifunctional operating theatres, as well as Health Founders, an accelerator for healthcare start-ups.
| Year | 1Q | 2Q | 6 months | 3Q | 4Q | 12 months |
| 2025 | 1 Q | 2 Q | ||||
| 2024 | 1 Q | 2 Q | 6 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 |
As of May, Tanel Olek has joined the management board of Mainor Ülemiste AS. He previously held the position of Sales Director at Mainor Ülemiste.
Tanel Olek, who has previously been part of the Technopolis Ülemiste AS team and has worked throughout his career in commercial real estate sales, has been active in the sales sector of Ülemiste City as both an industry expert and a team leader for over ten years. On the management board, Tanel Olek will be responsible for customer management and sales of the diverse real estate portfolio of the largest business campus in the Baltics.
The management board of Mainor Ülemiste AS will continue with three members: Tanel Olek, Chairman of the Board Sten Pärnits, and Head of Development Rauno Mätas.
Long-time Ülemiste City developer Sten Pärnits has been appointed by the supervisory board of AS Mainor Ülemiste to chair the company’s Management Board from 1 May 2025. Pärnits comes from a broad-ranging educational background and has extensive experience in the strategic management of Ülemiste City.
Guido Pärnits, the Chairman of the Supervisory Board of AS Mainor Ülemiste and AS Mainor, says the incoming chairman’s greatest strength undoubtedly lies in his ability to develop a diversified 24/7 campus and lead innovation, service and community development. “What Sten has achieved so far in integrating the sales and customer experience teams of Technopolis Ülemiste and Mainor Ülemiste, in introducing digital systems and in developing the community fund has been a textbook example of how to combine vision with practical implementation,” he remarked.
“The new team at Estonia’s largest real estate company really gets the big picture, so inspiring them to work towards a common goal requires a clear vision, a unified message and strong communication skills both inside and outside the company. Those are qualities that set Sten apart, and that make him the perfect choice for a position of such responsibility.”
Sten Pärnits himself says that he will have his hands full from the moment he takes up the post. “Not only is work starting on our third health centre and on Viktor Masing House, but we are initiating residential projects and developing Europe Park, the high-rise that comes with it and subsequent big sites,” he explained. “Bolstering the team so that they are capable of realising the vision of Ülemiste City, developing data- and technology-driven service delivery and cultivating the link between innovation and everyday life in Ülemiste City will be a priority, too.”
Sten Pärnits joined Ülemiste City in 2008 as the secretary to Ülo Pärnits. He has served on the supervisory boards of AS Mainor Ülemiste (2017-2023) and AS Mainor (2013-present), has played leading roles on a number of large-scale projects – including the development of all the health centres in Ülemiste City – and has been responsible for sales and customer management since 2023.
Sten graduated from Kadriorg German Gymnasium with a gold medal before obtaining a Master’s degree in medicine at the University of Tartu. He is currently in his final year of studying business finance at TalTech.
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