OPEN’s strategy is to maximise the conversion of rental income into frequent and regular distributions to investors over the long term.
OPEN has grown since its launch in 2016 to become the largest German food-retail focused fund available on the market.
OPEN’s grocery anchored stores now account for €1bn of grocery sales in Germany a year, equivalent to 0.5% of the total German grocery market.
Greenman Open – OPEN, follows a buy and hold strategy and as such we would be remiss to not try and understand what the food retail market will be like in the future.
Over the next 5 years we will be analysing our large bank of proprietary data to provide our properties and our tenants with a range of data driven services that will enable them to operate more sustainably and create environments that support the tenants and the local communities.
OPEN has set a financial performance target which, in part, will demonstrate the positive financial impact Environmental, Social, and Governance (ESG) and non-rental income initiatives will have on the fund’s performance.
By 2025, 5% of the fund’s annual revenue will be generated from non-rental income initiatives.
Key portfolio figures
Gross Asset Value (GAV)
Annual Rental Income
Greenman OPEN successfully organised the fourth event of its project "Beezdorf Kitchen" at Berlin's Fuchsberg elementary school. The educational program, initiated by Greenman, aims to educate children around the topic and benefits of sustainable food production, supply, and growing their own food. From May 23rd...
Greenman OPEN takes over another new local retail centre in Montabaur, Rhineland-Palatinate. The opening ceremony, hosted by REWE, was attended by the Mayor of Montabaur Gabriele Wieland, project developer Schoofs Immobilien GmbH Frankfurt, and other project participants. The local shopping centre in the district town...
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