Greenman OPEN successfully organised the fourth event of its project "Beezdorf Kitchen" at Berlin's Fuchsberg elementary school. The educational program, initiated by Greenman, aims to educate children around the topic and benefits of sustainable food production, supply, and growing their own food. From May 23rd to 25th, Greenman's vertical farming joint-venture Potager Farm, in
Greenman Energy (GME) have completed a large milestone with the start of construction at Berlin Mahlsdorf. After months of planning the first transformer has been placed on site ready for the installation of four hyper-fast EV charging units.The roll out of GME’s EV charging infrastructure at OPEN’s retail properties has multiple benefits, not only supporting
Greenman OPEN takes over another new local retail centre in Montabaur, Rhineland-Palatinate. The opening ceremony, hosted by REWE, was attended by the Mayor of Montabaur Gabriele Wieland, project developer Schoofs Immobilien GmbH Frankfurt, and other project participants. The local shopping centre in the district town of Montabaur is DGNB gold certified and offers a
What is SFDR? The Sustainable Finance Disclosure Regulation (SFDR) is a European regulation introduced to improve the transparency of sustainable investment products and to prevent greenwashing. It imposes comprehensive sustainability disclosure requirements covering a broad range of Environmental, Social & Governance (ESG) metrics. In force since the 10th March 2021, SFDR is a fundamental
With the implementation of the EU Taxonomy and the obligation for large companies to report on their taxonomy score, ESG factors have become a key focus for the industry. We are beginning to see “green” leases in our portfolio now. These are leases that take environmental criteria into account. We believe green leases are
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.
Save the date for Greenman OPEN’s Q1 2023 performance webinar on May 18th from 10:00-11:00 (IST). Register now to hear Greenman's management team provide insights about the grocery retail asset class, an operational update on Greenman OPEN fund's performance and targets for the second half of the year. Register now
Greenman OPEN, one of the largest food-anchored retail real estate investment funds in Germany, has acquired a portfolio of six EDEKA supermarkets for c. €55 million. Five of the retail properties are located in the Bavarian towns of Bad Windsheim, Hof, Kemnath, Marktleuthen and Zell am Main, while the sixth is located in Dresden,
Sale-and-leaseback (SALB) deals have become increasingly popular in the real estate industry, particularly in the commercial sector. This type of transaction involves the sale of a commercial property with the seller then leasing the asset back from the buyer, usually on a long-term lease. For the seller the benefits are multi-fold. Not only does
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