Q1 2024 Webinar Highlights

As Q1 2024 wraps up, Greenman OPEN continues to excel, marking the 10th consecutive quarter of like-for-like NAV uplift—a notable increase of +0.26%. The first quarter has demonstrated significant progress across all investment zones, highlighting our strategic vision.

Real Estate
Our real estate sector has been active in Q1 with a series of sale and leaseback deals and framework agreements. These initiatives are set to significantly boost the weighted average remaining lease term (WARLT) and elevate property values throughout the year. The groundwork laid this quarter provides a solid foundation for sustained growth and showcases our proactive approach to maximizing asset potential.

Networks
We have initiated the integration of live energy data monitoring systems in select properties. This technology will transform how we manage operations, significantly enhancing operational efficiencies and tenant services. It will be a game-changer for property management, ensuring our buildings are not just spaces, but smart spaces.

Utilities
The accelerated deployment of EV charging stations and photovoltaic (PV) installations across our portfolio not only aligns with our sustainability goals but also prepares our properties to be future-ready. This rollout has additionally provided valuable data that enhances our understanding of property usage and efficiency.

Resources
Potager Farm, our innovative vertical farming operation, has begun the year by branching out into new markets. Having started supplying a variety of herbs to knuspr.com, one of Germany’s leading online supermarkets. They are planning to expand their range of plants and products in the second half of the year.

With these developments, our optimism for the future is more justified than ever. The potential these initiatives hold for our investors and partners is immense, promising not just returns but a transformation in the landscape of real estate investment.