Gdańsk's Olivia Star office tower changes hands in major Polish property deal

The Olivia Star office tower, a prominent landmark in Gdańsk, Poland, has changed ownership. The building, part of the multi-functional Olivia Centre complex, was sold to Strabag in a deal that could become the largest single commercial real estate transaction in Poland for 2026, excluding Warsaw.

Completed in 2018, Olivia Star stands as the tallest building in northern Poland, reaching 180 meters in architectural height. It offers approximately 45,000 square meters of office space and a total usable area of about 67,700 square meters. The tower boasts extensive conference facilities, restaurants, bars, and the public viewing terrace, Olivia Star Top, along with event space. It is currently 98% leased, with major tenants including Nordea Bank and PwC.

While Strabag has acquired Olivia Star, companies within the Tonsa Group will continue to manage the property and assist with leasing. Tonsa Commercial, the original developer of the Olivia Centre, retains ownership of the remaining six buildings in the complex. This transaction is considered groundbreaking for regional Polish cities, as such large-scale deals for single office buildings have historically been concentrated in Warsaw.

Maciej Grabski, president of Olivia Centre and director of Tonsa, stated that the goal since the complex's inception in 2010 was to create a world-class facility in Gdańsk, aligning with global standards for design, sustainability, and tenant experience. The Olivia Centre itself offers a wide range of services, including medical and educational facilities, fitness clubs, and dining options, centered around the year-round tropical space known as Olivia Garden. Tonsa Commercial also plans further investments, including residential developments under the Olivia Home brand.

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Kiedy w 2010 r. rozpoczynaliśmy budowę kompleksu Olivia Centre, naszym celem było wprowadzenie do Gdańska i na szerszy polski rynek regionalny obiektu na światowym poziomie, zgodnego z globalnymi standardami w zakresie projektowania, zrównoważonego rozwoju i doświadczeń najemców. Olivia Star została pomyślana jako wizytówka tej wizji.