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...
Greenman OPEN takes over another new local retail centre in Montabaur, Rhineland-Palatinate. The opening ceremony, hosted by REWE, was attended by the Mayor of Montabaur Gabriele Wieland, project developer Schoofs Immobilien GmbH Frankfurt, and other project participants. The local shopping centre in the district town...
Q1 2023 was a busy quarter which saw the team completing a national roadshow, presenting to over 200 financial advisors across the country. They also made their first asset tour of OPEN’s Berlin retail centres and hosted a number of events, including Carpark Cocktails.The portfolio...
Greenman OPEN, one of the largest food-anchored retail real estate investment funds in Germany, has acquired a portfolio of six EDEKA supermarkets for c. €55 million.Five of the retail properties are located in the Bavarian towns of Bad Windsheim, Hof, Kemnath, Marktleuthen and Zell am...
Last week, CEO’s of the Greenman Group gathered at MIPIM, the annual international real estate trade fair in Cannes, to network, discuss real estate industry trends and exchange market opinions. On this occasion, Johnnie Wilkinson, CEO of the Greenman Group, Maximilian Bley from Greenman Energy...
Greenman Energy (GME), a joint venture between the Greenman Group and its fund Greenman OPEN, has signed an exclusive framework agreement with Frankfurt-based project developer Schoofs Immobilien at the international real estate trade fair MIPIM in Cannes. The companies plan to equip all new projects...
Greenman OPEN, one of the largest food-anchored retail real estate investment fund in Germany, has acquired three standalone Edeka markets with a total area of approximately 18,500 square meters. The properties are located in Weyhe in Lower Saxony, Taucha in Saxony and Freyburg in Saxony-Anhalt.....
The Board of Greenman Investments acting in its capacity as the Investment manager (AIFM) to Greenman OPEN (“OPEN”), the largest food retail-focused investment fund in Germany, recently approved the NET Zero plan which when complete will reduce the portfolio’s NET Carbon emissions to ZERO (the...
On Thursday 17 th November the Greenman OPEN and GFORM team attended the Richtfest ceremony for one of OPEN’s new retail centres in Hohr-Grenzhausen.Acquired at the end of 2021, the new turnkey Rastal Center was the second acquisition from OPEN’s portfolio framework agreement with developer...
Within the celebration of a Halloween event last weekend Greenman OPEN (OPEN) demonstrated, together with the metaverse infrastructure provider Mapstar AG from Karlsruhe, how digitalisation revolutionises the retail landscape. Greenman OPEN, one of the largest investment funds focused on food retail in Germany, wanted to...
It was wonderful to celebrate the opening of our new office with so many business partners, investors, colleagues and friends who have been part of and helped Greenman over the past few years. Having outgrown our last office, the new space in Berlin set over three floors, provides us with ample room to expand into as we continue to grow.
A special thank you to his excellency, Ambassador Nicholas O’Brien for speaking at the reception and to our friends at Lough Ree Distillery for bringing their Slingshot Irish Gin to the event for us to try.
As 2020 is the start of a new decade we wanted to look forward and consider what will/may influence retail and real estate funds, in particular Greenman OPEN (GMO), as we move towards 2030.
200 participants joined our panel of experts in an open and frank discussion on what technologies are impacting the retail and real estate markets.
Panellists
Christian Schimanski, Hamburg Commercial Bank, Germany
Dr Holger Wolf, White & Case LLP, Germany
Lynda Boylan, Manna.Aero, Ireland
Dr Angelus Bernreuther, Kaufland, Germany
Emily Bohill (Moderator), Bohill Partners, London
Insights from the Day
– The outlook for bricks and mortar German grocery stores looks stable with digitalisation focusing on addressing customer needs & overall retail experience.
– Drone deliveries could provide a low cost, high speed, environmentally friendly solution to last mile logistics, potentially working together with grocery stores in the future.
– Blockchain has the ability to revolutionise the way real estate sector operates from smart contracts to management and execution of property sales and leases.
– The continuation of a lower for longer interest rate environment will result in debt remaining cheaper for longer & yield gaps remaining significant. – Greenman OPEN targets to achieve €1bn AUM by the end of 2020.
Merry Christmas
from everyone in Greenman. Our offices will be closed from Wednesday, 24th December. And will reopen on
Friday, 2nd January.