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
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,
Greenman Energy has signed an agreement with GP JOULE CONNECT to install 4 hyper-charging EV units in the car park of the Mahlsdorf market retail centre which is owned by its sister fund Greenman OPEN. The Hyper-Charging Station will have 4 300kW DC hyper-chargers with 2 charging points each. The units have the capacity
Greenman OPEN agrees new debt deal for a sustainably constructed retail park in Rhineland-Palatinate
Debt deal for a new sustainably constructed retail park in Höhr-Grenzhausen, Rhineland-Palatinate Bank consortium deal led by Westerwald Bank eG, with participation of Nassauische Sparkasse (Naspa) and Sparkasse Westerwald-Sieg Forward fixing loan with seven-year term Modern project development with approx. 14,000 square metres of rental space opens in the first quarter of 2023 Greenman
Greenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, is to invest €32 million to install Photovoltaic (PV) Panels on around 1.3km2 of roof space by 2027 across its retail centres in Germany. Once operational, OPEN estimates that the panels will generate 27 gWh of electricity per year, enough to power
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
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
Within the celebration of a Halloween event last weekend Greenman OPEN (OPEN) demonstrated, together with the metaverse infrastructure provider Mapstar AG from Karlsruhe, how digitalisation revolutionises the retail landscape. Greenman OPEN, one of the largest investment funds focused on food retail in Germany, wanted to explore how the consumer’s physical shopping experience can be enhanced
We are proud of the relationships our teams have built over the past with both our tenants and within the grocery retail sector. The latest acquisition of three EDEKA markets of c. €35 million for our fund OPEN, reaffirms our long-standing partnership with one of Germany’s largest food retailers. One of the supermarkets was
Q1 2023 was a busy quarter which saw the team completing a national roadshow, presenting to over 200 financial advisors across the country. They also made their first asset tour of OPEN's Berlin retail centres and hosted a number of events, including Carpark Cocktails. The portfolio also grew in Q1 2023, the OPEN acquiring c.