Categories: Food Retail, Innovation, InvestmentGrocery 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
Categories: Food Retail, German Market, InnovationThe centres in the OPEN portfolio are located in central locations in major suburban cities or in the best locations in secondary and tertiary cities in Germany. The tenants' retail concepts are innovative and we work closely with our tenants to make the centres future-proof in the long term. Today we would like to introduce
Categories: Food Retail, German Market, InvestmentThe 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
Categories: Food Retail, German Market, InvestmentLast 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
Categories: Food Retail, German Market, InvestmentThe 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
Categories: Food Retail, German Market, InvestmentIn 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
Categories: Innovation, Investment, Press ReleasesGreenman 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
Categories: Food Retail, German Market, InvestmentGreenman 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 &
Categories: Food Retail, German Market, InvestmentMichael Irving, Investment Consultant at Greenman, recently spoke to Moneycube.ie about Greenman OPEN’s strategy, performance and targets for 2021 and why it is time to invest now. Read the full blog post here on Moneycube.ie.
Categories: Investment, Press ReleasesGreenman 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
Categories: Investment, Press ReleasesGreenman, 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,
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Categories: Investment, Press Releases
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
Categories: Food RetailEarlier this month Greenman CEO, Johnnie Wilkinson, joined leading experts from the real estate sector to share their thoughts on the future of retail real estate in a post-Corona age. In January Kaufland published “Footfall-anchors in the Online Age – 10 Reasons for a Stable Future”, which Dr Angelus Bernreuther discussed at Greenman OPEN’s 2020
Categories: Innovation, InvestmentGreenman have always prided themselves on doing things differently, such as providing as many services “in-house” as possible, from asset management and operational functions provided to its centres. Following this hands on approach allows us to build strong relationships with our tenants and the local community who frequent our centres.Throughout the year our marketing team
Categories: Food Retail, InvestmentGreenman OPEN agreed a €95.5 million framework agreement with Schoofs Immobilien, a leading German developer. This was the first framework agreement of its type that Greenman OPEN has entered into and it highlights the trust and commitment of each party in working together to develop and build a long-term relationship.The Greenman team, including Head of
