OPEN Completes Handover of DGNB Gold Property

Greenman OPEN has successfully taken handover of a newly built EDEKA supermarket located in Freyburg, Saxony-Anhalt. The property, let to EDEKA on a 15-year lease with a let area of approximately 2,515 sqm, is one of the newest additions to the fund’s growing portfolio and is part of OPEN’s commitment to sustainable and future-proof real estate investments as Europe’s largest Article 9 real estate fund.

This achievement marks a significant milestone for OPEN and its ongoing partnership with developer Schröder Holding. The asset, now DGNB Gold certified, aligns seamlessly with Greenman OPEN’s net-zero approach, ensuring sustainability, energy efficiency, and operational excellence.

The handover of the property, one of three assets acquired in March 2023 for approximately €35 million, is part of the broader developer framework agreement signed between Greenman OPEN and Schröder Holding in 2021.

Hermann Schröder, CEO of Schröder Holding, explains: “We are delighted that, even in turbulent times, we were able to complete the asset as planned and can hand it over to EDEKA, as well as to our partner Greenman OPEN.” Dominik Oesch, CLO of Schröder Holding, adds: “The collaboration and our partnership with OPEN has been trustworthy at all times. The next joint projects are already in the pipeline.”

The EDEKA supermarket will be equipped with sustainable energy solutions such as roof solar and EV-hyperchargers in the future by Greenman Energy and the property will be managed by Greenman Group companies GFORM and White Bird.

© Photo Credits: Schröder Holding