Greenman is delighted to announce that our flagship fund, Greenman OPEN, has successfully been converted into an ELTIF under the new ELTIF 2.0 framework marking a new chapter for the fund. Below, we outline what has changed:What is an ELTIF?A European Long-Term Investment Fund (ELTIF)...
Investing in retail real estate has never been more accessible. Meet the Greenman OPEN app, designed to streamline your investment experience with exclusive access to Europe’s largest Article 9 real estate fund. Here’s what makes it the ideal choice for those seeking retail investmemt: Effortless...
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...
The Beezdorf Project is expanding to new locations this year following the success of the Beezdorf Kitchen in Biesdorf in 2023. Beezdorf has expanded its cooperation with local schools in the close vicinity of OPEN’s retail centres, now working with 3 additional schools in Plauen,...
Three retail parks acquired in Germany for €90 million, increasing Greenman OPEN’s AUM to over €1 billionGreenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, has acquired three retail parks for a combined value of c.€90 million, increasing the fund’s AUM...
Last year Luxembourg modernised its investment fund laws, updating certain elements of the Luxembourg investment fund toolbox in order to increase the competitiveness of the Luxembourg financial centre by easing access to products for non-professional investors.Due to these recent legislative changes in Luxembourg, the definition...
Greenman OPEN and its sister company GFORM, manager of OPEN’s portfolio of German food retail properties, have celebrated the topping-out ceremony for a local retail centre in a four-level building in Dinkelsbühl in the district of Ansbach in Middle Franconia together with OPEN’s general contractor...
On Thursday, October 5th, 2023, at 11 a.m., the first donation handover took place at Berliner Tafel e.V. at Beusselstraße. We were able to handover nearly €500 in donation funds, which was collected through the sale of our Beezdorf Honey at the Biesdorf Center.Our honey...
Smart buildings, as opposed to mere data collectors, are the future of real estate because they offer dynamic, real-time adaptability. By integrating and linking the many projects at our centres we will be able to take a step towards a building that can autonomously optimise energy...
Greenman OPEN and its sister company GFORM, which specialises in property and tenant management and manages the fund’s portfolio, announced today their plans for an extensive revitalisation of the retail centre Stadtgalerie Datteln in North Rhine-Westphalia. A key component of the redevelopment will be the...
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.