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
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
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
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
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 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
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