MPC Properties is one of the leading developers, investors, and service providers in the field of commercial real estate in Southeast Europe. Since its founding in 2002, the company has built some of the most recognizable retail, office, and mixed-use properties in the region. MPC has successfully completed over 30 projects, combining innovative design with sustainable practices.
Elleven, on the other hand, offers solutions that meet the highest construction standards and prestigious design, recognizing the growing need in Novi Sad for premium office spaces. Their strategic partnership represents a key step toward further advancement and development of the business market in Novi Sad.
Elleven is a modern Class A office center, located at 11a Hajduk Veljkova Street, in close proximity to the Novi Sad Fair and just 2 km from the city center. The building consists of 10 floors with office spaces tailored to tenant needs (from 350 to 2,200 m² per floor), two rooftop terraces, and 290 parking spaces, including electric vehicle charging stations. The space will feature a glass façade and office ceiling height of 3.7 meters—an absolute innovation on the market.
“MPC Properties proudly announces a long-term partnership with MD Ventures from Novi Sad. We are approaching the Elleven project with great enthusiasm, implementing an agile working methodology that enables optimization of all resources in leasing, property, and facility management. Our goal is to achieve a perfect balance between quality, cost, and efficiency. We believe that the Elleven office building will push the boundaries of the business landscape in the wider region,” said Pinar Yalcinkaya, CEO of MPC Properties.
The project, worth 50 million euros and developed by MD Ventures, is scheduled for completion in January 2026.
“Elleven fits perfectly into Novi Sad’s development vision—as a space that not only follows but actively supports the city’s ambition to become a technological and cultural leader in the region. With MPC, we have a stable partner whose impressive portfolio and extensive experience provide crucial support in realizing this vision. Together, we will elevate the office space market in Novi Sad to a new level,” stated Milko Novaković, CEO of MD Ventures.
Elleven, which is in the process of obtaining LEED Platinum certification, integrates smart management systems, eco-mobility, biodiversity, and recycling. With an attractive surrounding that includes a sports center, a large park, a hippodrome, and modern restaurants, this project combines business, nature, and innovation, further strengthening Novi Sad as an IT and business hub of the Balkans.
The beginning of the partnership was marked by a joint visit to the location and discussions about the upcoming steps that will make Elleven a central meeting point for a community of forward-thinking individuals.
