The bonds of the operator and owner of Olivia Centre, the largest and most modern mixed-use centre in the Tri-City agglomeration and in Poland, debuted on the Catalyst stock exchange market on 7 March. 25,000 were put on the market. series L bonds with a nominal value of PLN 1,000 each. There are also plans to introduce other series (M-R) from the last issue programme, which amounted to a total of PLN 89.825 million. This is the first debut on Catalyst this year.
Olivia Centre is the largest business centre in northern Poland and one of the largest in Central and Eastern Europe. It consists of 9 buildings located in the heart of the Tri-City agglomeration. The area of the Gdańsk Centre is 175,000 sqm. m.kw., and ultimately it is expected to significantly exceed 200,000. m.kw. The design of the entire centre was created by Konior&Partners and BJK Architects, as well as the designs of individual buildings. Olivia’s largest residents include Amazon, Bayer, Capgemini, Deloitte, Energa, EPAM, Fujifilm, Lyreco, Medicover, Nike, Nordea, PwC, Ricoh, Sii, Thyssenkrupp.
The centre has a diversified portfolio of tenants, and the high technological quality of the project has been confirmed by international certificates and numerous awards. Olivia Centre has maintained the world’s first maximum score in the international WELL certification. For the second time, it has been recognized as a completely safe, friendly and responsible place to work, receiving confirmation from the International Well Building Institute (IWBI) in New York. A year after the first certification, it maintained a maximum score of 25 points out of a possible 25 in all categories analyzed. The safety of building users was checked, as well as solutions improving the quality of life in the business centre. It received this rating in 22 basic categories and in 3 additional categories related to the innovations implemented in its area.
Over the last 13 years, Olivia Centre has carried out a total of 31 bond issues for over PLN 560 million, of which 18 issues for over PLN 350 million have already been repaid. The interest rate on the Bonds from the last programme is WIBOR6M +5.3%, and the interest is paid every 6 months. The maturity date of the L series is 25.05.2025. The bonds are secured by a surety of Tonsa Commercial Rei NV (the main shareholder of the Issuer and the owner of special purpose vehicles of the Olivia Centre project) up to the amount of at least 150% of the nominal value of the bonds.
Proceeds from the last programme, which ended at the end of 2022 in accordance with their purpose, m.in. for the financing of new investment projects – residential projects implemented within the Olivia Group m.in. for the purchase of land and the implementation of the Platynowa Park project in Gdańsk and the purchase of land at ul. Stężycka in Gdańsk, as well as for the refinancing of the existing debt of previously issued bonds.
Olivia Centre is the largest business centre in northern Poland and one of the largest in Central and Eastern Europe. It consists of 9 buildings located in the heart of the Tri-City agglomeration. In recent months, Olivia has been developing projects focusing on four key areas, which allowed for the effective implementation of the assumed development strategy. These areas are: sustainability and environment, communication and stakeholder outreach, community focus, and safety. The report prepared by us is perfectly in line with the long-standing policy of the entire Tona Group (the owner of Olivia Centre), based not only on maximizing returns, but also on focusing on social benefits and care for the natural environment.
At the same time, Olivia Centre is much more than buildings. Over 1500 business, educational, cultural and sports events take place here every year. A unique combination of services and amenities for residents, their employees and guests has been created on its premises, which consists of eight restaurants, 4 cafes, a professional two-storey fitness centre, a kindergarten for 100 children, a primary school, a high school, an IT academy, a medical centre, a dental centre, a pharmacy, 5 banks and 5 conference centres, O4 – one of the largest coworking spaces in Poland, but at the same time a vast patio filled with vegetation, fountains and places of relaxation. In the central point of Olivia there is a vast (almost 1000 m2), year-round tropical garden Olivia Garden, which is a regenerative space for residents – it reduces emotional and psychophysiological stress, rebuilds depleted attention resources, has a positive effect on the ability to take on everyday challenges related to professional work and also fosters good social relations, creating a space for meetings.
In July 2019, on the 32nd, 33rd and 34th floor of Olivia Star, the highest building in northern Polish, a project was launched, constituting a unique, additional offer attracting guests from all over the world to Olivia. On On the 32nd floor, a public viewing level has been opened, allowing a 360° view. for the whole Tri-City. It offers not only a stunning panorama of the Bay of Gdańsk, the Tri-City Landscape Park and the Gdynia cliff coast, but also originally designed interiors, catering and recreational facilities. On On the 33rd floor of the building there are two prestigious restaurants: Arc and Teina y Teres, run by Paco Perez, one of the most successful chefs in the world, winner of the prestigious Michelin culinary guide 5*****. On On the 34th floor, at a height of 150 meters above the ground, a multifunctional event and conference centre has been created, located the highest in Poland, allowing for the organisation of events for up to 400 people, where concerts of the greatest Polish stars, theatre performances and business conferences are held. Olivia offers over 1600 parking spaces, a number of electric car charging points, points for storing and charging electric scooters, several hundred bicycle racks and large changing rooms with showers for cyclists in each of the 7 buildings.
Located on the ground floor of Olivia Star, the exotic Olivia Garden is a green enclave in the heart of the Olivia Centre. The garden offers an area of 740 m2 with a height of 9 m, with a mezzanine of more than 100m2 . The garden was planted with 4,000 plants representing more than 150 species. In 2021 won an award in the CIJ Awards Poland competition, in the Best Interior/Exterior Design category, and in 2022 the European Property Award. The aim of the project was to create a space that would allow you to relax, calm down and rebuild your inner harmony, which is extremely pleasant among such a large number of delightful plants reaching up to 11 meters in height. Olivia Garden’s space complemented the concept of a modern centre open to employees and residents of the Tri-City, where the needs of stakeholders are treated as a priority.
Olivia offers over 1600 parking spaces, a number of electric car charging points, points for storing and charging electric scooters, several hundred bicycle racks and large changing rooms with showers for cyclists in each of the 8 buildings.
