Catherine Choo has been Chief Information Officer at Greenman since last year, a role with a lot of responsibility and a wide range of duties. However, she started her career at Greenman back in 2011. Take a moment to read the interview with her and...
Greenman OPEN agrees new debt deal with HypoVereinsbank to finance the acquisition of a sustainable retail park in BrandenburgGreenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, has signed a five-year €5.6 million debt deal with HypoVereinsbank (UniCredit Bank AG) for...
A new kind of mobility is being defined in urban and suburban areas with the uptake in usage of electric vehicles, such as cars, bicycles, and scooters. With these different e-mobility options, ride sharing has never been easier. It’s no secret that retail properties selling...
What will the supermarket of the future look like? In Germany, REWE Group has recently opened its first Green Farming market in Wiesbaden (southern Germany) and has set a new standard for a new generation of green supermarkets in Europe.The approximately 1,500m² supermarket already catches...
Greenman OPEN (OPEN), Germany’s largest food-retail focused investment fund, has signed a new seven year debt facility for €17 million to refinance the Berlin Hansa-Centre, marking the fund’s first financing deal with MünchenerHyp.The Hansa-Centre is located in the Berlin district of Hohenschönhausen and is a...
As the world’s population continues to grow rapidly and is expected to reach 9.7 billion by 2050, it is estimated that global food production will need to increase by up to 70% over the next 30 years. Over this period, 80% of the world’s population...
Market analysts have been increasingly discussing the effects of rising inflationary pressures globally. As the worldwide vaccination campaign gathers pace, the reopening of economies and the quick rebound in activity that has followed has fuelled inflation in some regions. In May 2021, US inflation as...
The centres in the OPEN portfolio are located in central locations in major suburban cities or in the best locations in secondary and tertiary cities in Germany. The tenants’ retail concepts are innovative and we work closely with our tenants to make the centres future-proof...
The acquisition of a newly built centre is always exciting. Especially when you can see the lifecycle of the property, from foundations to being fully built. The completion of OPEN’s new retail centre in Wittenberge is progressing. This week, the Greenman team led by Head...
The food dominated retail hybrid centre “Drehscheibe Homberg” in Homberg (Efze) was acquired by OPEN last year and was added to its operational portfolio in April 2021.The centre, which is located in the city centre of Homberg in the northern part of Hesse, brings city...
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.