The acquisition of a newly built centre is always exciting. Especially when you can see the lifecycle of the property, from foundations to being fully built. The completion of OPEN’s new retail centre in Wittenberge is progressing. This week, the Greenman team led by Head of Portfolio, Moritz Lind, together with the developer Hans Harms
Last week, the centre in Tuttlingen opened its doors after only twelve months of construction. Rewe and Aldi took the first step and each opened a new store in the mixed-use hybrid centre with long-term leases of 15 years. A total of around 3,200 square metres of sales space is available, and a bakery
The new food dominated retail hybrid Centre in Homberg (Efze) which was acquired by Greenman OPEN (OPEN) last year, is now fully operational with OPEN collecting its first month’s rent from 1st April 2021. The developer and seller Schoofs Immobilien has successfully handed over the centre to the grocery focused investment fund. The centre
In our new feature "5 Questions with..." we shine a spotlight on some of our team at Greenman as well as on some of our key external partners. We will asking them five questions about themselves, their work and the market to gain insights into the food retail real estate industry. Take a moment
Greenman OPEN has recently completed a deal to acquire a new, turnkey retail center in Wittenberge, Brandenburg. The deal, which has been acquired directly from German developer Harms Consulting GmbH & Co. KG has a total volume of c. €10.6 million, bringing the fund closer to reaching its target of €1bn AUM. Greenman OPEN was represented by Frankfurt-based legal advisors White &
Michael Irving, Investment Consultant at Greenman, recently spoke to Moneycube.ie about Greenman OPEN’s strategy, performance and targets for 2021 and why it is time to invest now. Read the full blog post here on Moneycube.ie.
Earlier this month Greenman CEO, Johnnie Wilkinson, joined leading experts from the real estate sector to share their thoughts on the future of retail real estate in a post-Corona age. In January Kaufland published “Footfall-anchors in the Online Age – 10 Reasons for a Stable Future”, which Dr Angelus Bernreuther discussed at Greenman OPEN’s 2020
Greenman OPEN agreed a €95.5 million framework agreement with Schoofs Immobilien, a leading German developer. This was the first framework agreement of its type that Greenman OPEN has entered into and it highlights the trust and commitment of each party in working together to develop and build a long-term relationship.The Greenman team, including Head of
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.
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
