Anyone who has tried to buy a new car recently will have an acute understanding of how the global semiconductor shortage has affected that industry. New car sales in the UK are currently a quarter lower than they were in June 2021 – which, bear in mind, was during the pandemic. Buyers worldwide are being told
Register now to hear Greenman’s Management Team provide an update on the operational performance of the Greenman OPEN fund during Q2 2022.Join us on Wednesday 10th of August from 10:00 – 11:00 GMT+1 to receive insights about the grocery retail asset class, an operational update on the performance of OPEN’s German portfolio and an overview
Focus on German shopping centres anchored by food chains is at heart of Greenman’s Covid recovery When Covid-19 descended on Europe in March 2020, retail landlords, forced to renegotiate leases and give payment freezes, were probably wondering why they entered the sector in the first place. One Irish landlord had a different take. For Greenman,
Throughout the past few years, grocery retail has been the shining light of retail, performing consistently and steadily. Now, as the prevalence of the pandemic recedes in Europe, hospitality reopens, supply chains struggle and prices inflate, how will the grocery retail market perform? Several consumer driven trends will affect grocery retailers' strategies. Amongst them are
Following its strong performance in 2021 (with annual change in NAV for the year of c.7.1%), Greenman OPEN continues to perform consistently, recording growth in NAV of 1.46% like for like change in Q1 2022. This increase in investment in OPEN’s asset class is largely due to its security and the ability of its tenants
Working towards sustainable goals makes our environmental, social and governance (ESG) framework crucial for creating long-term value for our investors and society. Climate change is intensifying, and no country is left untouched. The UN states that 90% of disasters are categorised as weather- and climate-related. By 2050, 70% of the world’s population will be
The forecast growth in the EV market, coupled with the energy shortages and price spikes that the world is currently experiencing, means the search for energy independence and greener energy production is critical. Currently, Greenman OPEN generates c.350,000 kWh on 2% of its roof space. We established Greenman Energy to expand on the potential of
We are experiencing a grocery evolution, not a revolution, where adapting and evolving to changing trends and technologies will bring growth and new opportunities. Over 200 financial services, real estate, and technology professionals gathered on April 28th in the Guinness Storehouse to hear a panel moderated by David Owens, CEO of Everyangle, discuss the
Greenman, the specialist grocery-anchored retail real estate investment and fund manager, announces today the launch of Greenman European Supermarkets (GES), an open-ended fund that will invest primarily in grocery-anchored real estate, with the flexibility to acquire logistics and omni-channel grocery distribution assets as well as retail platforms across the EU. GES received regulatory approval
Greenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, has signed a €30 million Revolving Credit Facility which was arranged by Santander. OPEN will use the facility to support investments in their German grocery-anchored retail portfolio. Neil Hennessy, Head of Debt Capital Markets at Greenman, commented: “It is important to
