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

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,

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

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

Greenman Fund Administration (“GMFA”), an affiliate of Greenman, the specialist real estate and investment fund manager, has acquired a 70% stake in Compagnie Financière et Boursière Luxembourgeoise SA (“COFIBOL”), a Luxembourg-based provider of fund administration and corporate services. GMFA completed the acquisition on 31st March 2020 following approval from the Commission de Surveillance du

Greenman OPEN, Germany’s largest food retail-focused investment fund, has arranged financing of €49.5 million for a portfolio of Kaufland-anchored real estate assets from Mittelbrandenburgische Sparkasse (“MBS”), Potsdam and Landesbank Baden Württemberg (“LBBW”), Leipzig. The two banks formed a consortium with MBS as the Mandated Lead Arranger. The credit facility is for 5 years.The 5 asset

Greenman OPEN has entered into a €95.5 million framework agreement with Schoofs Immobilien, a leading German developer. Among the items agreed, the framework provides the fund the right to acquire three new food anchored retail assets in Germany. This is the first framework agreement of it’s type that Greenman OPEN has entered into and it

Greenman OPEN, Germany’s largest food-retail focused investment fund, has acquired a mixed-use hybrid centre in Tuttlingen, Baden- Württemberg for c. €31.7m, marking the first acquisition from the framework agreement it signed with Schoofs Immobilien, a leading German developer, earlier this year. The mixed-use asset which will be completed by summer 2021 will be anchored by food

Greenman, the specialist real estate and investment fund manager, has agreed a new debt facility with Germany-based Wüstenrot Bausparkasse for a mixed-use food retail and residential asset that is in development and that it recently acquired for the Greenman OPEN fund. The asset will consist of a neighbourhood retail centre anchored by REWE and ALDI,

Greenman OPEN, Germany’s largest food-retail focused investment fund, has entered into a €46 million framework agreement with Schroder Holding GmbH, a German developer, securing the rights to acquire seven new standalone EDEKA markets. Located in strong catchment areas in East Germany, the supermarket properties are all pre-let to EDEKA on 15-year leases and are