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
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,
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
We are thrilled to announce that our sister company, Potager Farm, takes a giant leap forward with their first-ever direct-to-consumer sale of fresh, local, and pesticide-free food. In September this year and as part of a pilot-project, the first seeds were sown and a batch of produce was provided to gastronomic partners to receive
Greenman OPEN and its sister company GFORM, manager of OPEN's portfolio of German food retail properties, have celebrated the topping-out ceremony for a local retail centre in a four-level building in Dinkelsbühl in the district of Ansbach in Middle Franconia together with OPEN’s general contractor Schoofs Immobilien GmbH Frankfurt. A full-range Edeka supermarket is
Achieving an Article 9 (dark green fund) status is not only about reporting obligations.The benefits of Article 9 are in fact far reaching and have significantly positive implications for real estate activities. Financial impact can be seen in the access to "green loans" with more attractive financing terms; easier access to EU grants and tax
We are excited about the recent interview that our sister company GFORM, who manage the properties of our fund, has conducted with Kaufland Immobilien Deutschland, one of our most important tenants and largest grocers in Germany. In the interview GFORM’s CEO James McEvoy provides deep insights into the vision and strategies of the Greenman
We are thrilled to announce that our parent company the Greenman Group has launched its very first pan-European Innovation Awards, highlighting their continuous commitment to innovation and progress. As part of the Group, we're excited to witness the positive impact this initiative will bring to our network and the industries we serve. The competition will
Plauen in Germany are currently undergoing extensive modernisation. In cooperation with its sister companies GFORM and White Bird, responsible for the technical asset management and construction works, is redeveloping different parts of the building to optimise the location with a focus on sustainability and efficiency. As part of the refurbishment project, the glass roof
Greenman OPEN is getting its first electric vehicle hypercharger stations. Subsidiary Greenman Energy (GME) has begun with the construction of the hyperchargers at the retail centre Mahlsdorfer Märkte in Berlin, following the successful financing of over €1.2 million from German bank Volksbank Wittenberg.Greenman plans to rapidly and successively advance the expansion of the renewable e-charging
