Three retail parks acquired in Germany for €90 million, increasing Greenman OPEN’s AUM to over €1 billion Greenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, has acquired three retail parks for a combined value of c.€90 million, increasing the fund’s AUM to more than €1billion. OPEN has acquired a

Greenman OPEN has successfully taken handover of a newly built EDEKA supermarket located in Freyburg, Saxony-Anhalt. The property, let to EDEKA on a 15-year lease with a let area of approximately 2,515 sqm, is one of the newest additions to the fund’s growing portfolio and is part of OPEN’s commitment to sustainable and future-proof

Greenman OPEN has finalized a long-term strategic framework agreement with Kaufland, securing leases for seven key retail centers across Germany. This deal enhances OPEN’s portfolio by extending its Weighted Average Rent Lease Term (WARLT) to 10.4 years and increasing rent to term by €190 million. A significant part of the agreement is the introduction

OPEN is actively investing in EU-Taxonomy-compliant net-zero buildings. This initiative reflects our commitment to making our properties future-proof while making a positive impact on the environment.A leading example of this strategy is the extensive revitalisation of our retail centre Stadtgalerie Datteln, where we have recognised the opportunity to approach this project not merely as renovation

As Q1 2024 wraps up, Greenman OPEN continues to excel, marking the 10th consecutive quarter of like-for-like NAV uplift—a notable increase of +0.26%. The first quarter has demonstrated significant progress across all investment zones, highlighting our strategic vision. Real Estate Our real estate sector has been active in Q1 with a series of sale and

Greenman OPEN, one of Germany’s largest food-anchored retail real estate investment funds and Europe’s largest Article 9 Real Estate Fund, has acquired a portfolio of 10 standalone EDEKA supermarkets with a total let area of approximately 22,500 square meters. The retail properties are located in the federal states of Saxony, Bavaria, and Thuringia. The deal,

Greenman OPEN achieves a +0.94% like-for-like change in NAV for Q2 2024, its 11th consecutive positive uplift and consistent performance. Investment Zones Update Real Estate: A sale and leaseback acquisition of 10 EDEKA supermarkets as well as a framework agreement impacting leases across 7 of OPEN’s properties with grocer Kaufland has helped to increase OPEN’s

Potager Farm, the agricultural company that is a joint venture between the Greenman Group of companies and the fund Greenman OPEN launched in November 2021, announces that it has started the construction of its first vertical farm in Berlin. It has secured €3 million funding, 25% funded by the Greenman Group and 75% by

Greenman, in its capacity as investment manager (the “AIFM”) to Greenman OPEN has prepared a document to update investors and potential investors on recent developments and occurrences linked to the COVID-19 pandemic which may impact either positively or negatively, OPEN, its tenants, properties and performance. As restrictions ease, these documents will now move from weekly to

Read the full interview in Living Retail Magazine where Johnnie, describes how food retailers have coped during the pandemic. Johnnie discusses Greenman’s strategy and how Greenman OPEN performed throughout the Covid-19 crisis, as well as looking to the future of food retail. Read the full article here.