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...
Greenman OPEN successfully organised the fourth event of its project “Beezdorf Kitchen” at Berlin’s Fuchsberg elementary school. The educational program, initiated by Greenman, aims to educate children around the topic and benefits of sustainable food production, supply, and growing their own food. From May 23rd...
Greenman Energy (GME) have completed a large milestone with the start of construction at Berlin Mahlsdorf. After months of planning the first transformer has been placed on site ready for the installation of four hyper-fast EV charging units.The roll out of GME’s EV charging infrastructure...
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...
In Germany, the consumer sector “food” is responsible for around 15% of greenhouse gas emissions (GHG). Due to the high demand for food outside the home, changes in this area have the potential to significantly boost climate efficient nutrition.The Beezdorf Kitchen initiative, which was launched...
On April 26, the Westerwald Arkaden retail centre in Höhr-Grenzhausen (Rhineland-Palatinate) opened with a big folk festival and more than 3,000 guests – including Mayor Thilo Becker and State Secretary Ms. Petra Dick-Walther, from the Ministry of Economy, Transport, Agriculture and Viticulture. The opening ceremony...
With the implementation of the EU Taxonomy and the obligation for large companies to report on their taxonomy score, ESG factors have become a key focus for the industry.We are beginning to see “green” leases in our portfolio now. These are leases that take environmental...
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...
Sale-and-leaseback (SALB) deals have become increasingly popular in the real estate industry, particularly in the commercial sector. This type of transaction involves the sale of a commercial property with the seller then leasing the asset back from the buyer, usually on a long-term lease.For the...
One of the most powerful solutions to addressing climate change lies in the food we eat. Greenman believes, that educating young people is one of the most sustainable ways of doing that. Less than 25% of children receive “food education” at school and 83% of...
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.