Mendota Invest, OTP Group’s subsidiary has received a final building permit for a mixed-use complex at the heart of the Slovenian capital of Ljubljana.
With construction work set to commence this month, the entire project is expected to be completed by the end of 2026 with the entire investment set to be worth more than €350M.
Mendota Invest has received the final building permit for the construction of Emonika, an urban complex that will include a shopping centre, business premises, hotels and apartments. Emonika will be located in the heart of Ljubljana’s city centre, at the intersection of Dunajska, Vilharjeva and Masarykova streets, right next to Ljubljana’s main train and bus stations.
The investor of the Emonika project is Mendota Invest, which is owned by OTP, Hungary’s largest banking group. Although the construction of Emonika will take place in parallel with the construction of Passenger Center Ljubljana (PCL), the two projects are not connected and do not have the same investors.
“Emonika is OTP Group’s major investment in Slovenia. There has never been a commercial real estate project of such complexity and scale in the capital,” said Sándor Csányi, Chairman and Chief Executive Officer of OTP Group.
The complex will feature 187 apartments, including penthouse apartments with city views. The apartments will have their own parking spaces and storage rooms.
In the northern part of the complex, there will be 15,000sq m of office space. Capacity will also be supplemented by the highest office building in Ljubljana in the southern part, which will provide 20,000sq m of additional office space. In addition to the office building, there will be a shopping centre with an area of 21,500sq m and 80 retail shops. The complex will also include two hotels – the first with three-stars and more than 180 rooms and the second with four plus stars and more than 200 rooms and serviced apartments.
