OTP Begins Slovenia’s Largest Real Estate Development Project

OTP’s Mendota Invest subsidiary officially commenced construction on the Emonika complex on May 20, marking Slovenia’s largest real-estate development to date. With a total investment of approximately €400 million, the scheme is slated for delivery by late 2027 and will incorporate OTP Bank’s future Slovenian headquarters, underlining the group’s long-term commitment to Ljubljana.

The 200,000 m² project formerly in planning for over 17 years comprises:

• 187 residential units, of which 25–30 percent are expected to be sold by summer’s end;
• Two hotels, with one operator already signed and the second in advanced talks;
• More than 35,000 m² of office space, including a tower set to become the city’s tallest office block;
• A 22,500 m² retail centre; and
• Over 1,500 parking spaces.

Deputy Mayor Rok Žnidaršič noted that the year-long foundation works have paved the way for full-scale building activity. The Emonika site, located at Ljubljana’s key transport interchange, will see a comprehensive overhaul of adjacent rail and road networks in collaboration with public authorities and private partners.

Economy Minister Matjaž Han hailed the ground-breaking as a powerful economic signal and a testament to enduring Hungary–Slovenia cooperation, while Infrastructure Minister Alenka Bratušek described Emonika as the country’s most significant current investment. Once complete, the development aims to boost Ljubljana’s status as a Central European transport hub, stimulate local employment, and enhance quality of life in the capital.