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.
In March 2026, Mainor Ülemiste AS (hereinafter Mainor Ülemiste) issued unsecured 4-year bonds with a nominal value of EUR 1,000 and a fixed annual interest rate of 6% in a total amount of EUR 9,614,000. The bonds were offered to Baltic investors through a private placement.
Following the issuance, Mainor Ülemiste has submitted an application to the board of the Nasdaq Tallinn Stock Exchange for admission of the new bonds to trading on the Nasdaq First North alternative market.
Mainor Ülemiste AS is a subsidiary of Mainor AS, whose main activity is the development of Ülemiste City, the largest business campus in the Baltics. The campus has 170,000 square meters of rentable office space built on 30 hectares. Ülemiste City is home to nearly 400 companies and a working, learning and living environment for 18,000 people.
| Year | 1Q | 2Q | 6 months | 3Q | 4Q | 12 months |
| 2025 | 1 Q | 2 Q | 6 months | 3 Q | 4 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 |
Mainor Ülemiste AS announces that it has decided to redeem early the previously issued bonds (ISIN: EE3300003136). The early redemption will be carried out in accordance with clause 9.8 of the bond terms, which allows for full or partial redemption on an interest payment date, provided that investors are notified at least 30 days in advance. The redemption date shall be 10 March 2026, and the list of bondholders shall be fixed as of the end of the business day on 9 March 2026.
All 121,060 bonds will be redeemed early. The nominal value of one bond is EUR 100, making the total nominal value of the transaction is EUR 12,106,000. Bondholders will be paid the nominal value of the bonds, accrued and unpaid interest calculated up to the redemption date, and an early redemption premium in accordance with the bond terms.
Major bondholders will be offered the opportunity to convert the bonds being redeemed into a new issuance, which will be carried out as a private placement in accordance with the stock exchange announcement published on 12 January.
Ülemiste City, developed by Mainor Ülemiste, is an innovation and collaboration-oriented community that offers tenants opportunities to grow faster, find good collaboration partners, and be conveniently connected with foreign partners. The new Viktor Masing building is planned to support the company's growth, with flexible office space, natural and responsible design, and smart smart building solutions.
The addition of the new seven-story Health Center will increase the area of the health cluster to more than 27,000 square meters, securing Ülemiste City’s position as the largest privately owned health campus in the Baltics.
Mainor Ülemiste AS is a subsidiary of Mainor AS, whose main activity is the development of Ülemiste City, the largest business campus in the Baltics. The campus has 170,000 square meters of rentable office space built on 30 hectares. Ülemiste City is home to nearly 400 companies and a working, learning and living environment for 18,000 people.