The Covid-19 pandemic has increased the attractiveness of food retail real estate and has demonstrated its need, adaptability and performance. This is reflected in the growing investor interest. In this webinar, we will give you an overview of the current German food retail and real estate market, provide an update on OPEN's Q2 performance,
As the world's population continues to grow rapidly and is expected to reach 9.7 billion by 2050, it is estimated that global food production will need to increase by up to 70% over the next 30 years. Over this period, 80% of the world’s population will live in urban areas. To feed this growing
Market analysts have been increasingly discussing the effects of rising inflationary pressures globally. As the worldwide vaccination campaign gathers pace, the reopening of economies and the quick rebound in activity that has followed has fuelled inflation in some regions. In May 2021, US inflation as measured by the consumer price index (“CPI”) increased by 5.0% year-on-year, hitting a remarkable 29-year high. While in Europe, stubbornly low inflation has
Grocery delivery service with the help of drones is closer than you think. Investor interest is increasing and funding for the air mobility industry has accelerated in recent months. In fact, the upswing has been so rapid that total disclosed investments exceeded US$8 billion at the end of March 2021. But what we can
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 (OPEN), Germany’s largest food-retail focused investment fund, has committed to achieving a carbon neutral footprint by 2040 and ensuring all real estate acquisitions will be carbon neutral by 2035. To accomplish this ambitious target, Greenman OPEN will allocate a minimum of 1.21% of NAV up to a maximum of 18.5% of NAV
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 &
