Across Europe's largest grocery markets, e-commerce still hasn't become the threat to physical retail that it did in other categories. In Germany, online grocery sits at roughly 0.4% of the market. In France and Spain, our Signals to Savour research found the channel continuing to...
Food inflation in Germany hit 12.7% through 2022 and 2023, and the natural assumption was that grocery tenants were under pressure. However, the data says the opposite - headline inflation ran at roughly half that rate, and because rents index to the general price level...
Two of the Group's real estate businesses are becoming one. GFORM and White Bird are merging to form Greenman Germany, a new, closely aligned sister company to Greenman Poland. The two businesses bring genuinely complementary strengths: GFORM's expertise in commercial and tenant relationship management, and...
German grocery retail has barely grown its physical footprint since 2019. Per McKinsey and EuroCommerce's State of Grocery Retail Europe 2026, German retail space actually contracted slightly over that period (-2.4%), while the European average expanded by 4.6%. And yet sales per square metre in...
Getting a clear read on how a single property is performing has always meant stitching things together – energy figures from one system, carbon data from another, footfall from somewhere else entirely. This October, that changes. edyfi is launching a platform that brings energy, carbon,...
What "specialist" actually meansGreenman Investments is the Greenman Group's alternative investment fund manager. We began in European grocery-anchored real estate, and that's still where most of our track record sits. A lot of managers call themselves specialists. We think the word only means something if...
Private market investment funds have been growing quickly in Europe. According to a 2026 study by Scope Fund Analysis, the European Long-Term Investment Fund (ELTIF) market reached at least €34 billion in assets under management by the end of 2025, a 55% increase on 2024....
Germany’s EV market posted its strongest half year to date. Battery-electric cars accounted for 24.8% of all new passenger car registrations in H1 2026, up from 18.4% last year. By the end of July, that meant roughly 446,000 new EVs on the road – a...
Potager Farm's sales this year have already come close to matching the whole of 2025's sales total – with several months still to go. Part of that is a single, concentrated example of what direct retail can look like at pace. Within eight weeks, Potager...
German grocery operators are amongst the largest and most successful in Europe, and once you walk into a store, it’s easy to see why. Their stores are built for more than just completing a weekly shop and it's a format that many Irish retailers are...
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.