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
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,
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
We are thrilled to announce that our sister company, Potager Farm, takes a giant leap forward with their first-ever direct-to-consumer sale of fresh, local, and pesticide-free food. In September this year and as part of a pilot-project, the first seeds were sown and a batch of produce was provided to gastronomic partners to receive
Greenman OPEN and its sister company GFORM, manager of OPEN's portfolio of German food retail properties, have celebrated the topping-out ceremony for a local retail centre in a four-level building in Dinkelsbühl in the district of Ansbach in Middle Franconia together with OPEN’s general contractor Schoofs Immobilien GmbH Frankfurt. A full-range Edeka supermarket is
Subsidiary Greenman Energy (“GME“), a Joint Venture of Greenman OPEN, has announced the implementation of the innovative “Plug & Charge” (PnC) technology for its electric vehicle chargers. With the advanced technology, GME is setting new standards in providing DC-charging infrastructure and making EV-charging easier and more efficient for consumers than ever. In line with
Potager Farm, a vertical farming company and joint venture between the Greenman Group and Greenman OPEN, has started with the cultivation of its first produce at its farm in Berlin's district of Marzahn-Hellersdorf last week. Various restaurants from Berlin will receive the harvest to test the products over a limited period of time. As
Greenman OPEN and its sister company GFORM, which specialises in property and tenant management and manages the fund's portfolio, announced today their plans for an extensive revitalisation of the retail centre Stadtgalerie Datteln in North Rhine-Westphalia. A key component of the redevelopment will be the positioning of a new grocery anchor as a tenant
The Greenman Group’s Innovation Awards programme, Growing Further, is committed to highlighting businesses that are positively reshaping the grocery retail supply chain. We are delighted to have put together a distinguished panel of judges for our Innovation Awards. Each of these esteemed individuals brings a wealth of expertise from the realms of venture capital,
During the summer holidays, blood resources often become scarce and yet in Germany there's a need for 15,000 blood donations daily. Recognising this pressing demand, we are proud to support the city of Plauen and the German Red Cross as they have organised an important Blood Donation Event at our retail centre Elster Park
