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...
We are thrilled to announce that our sister company, Potager Farm, takes a giant leap forward with their first-ever direct-to-consumer sale of fresh, local, and pesticide-free food.In September this year and as part of a pilot-project, the first seeds were sown and a batch of...
Subsidiary Greenman Energy (“GME“), a Joint Venture of Greenman OPEN, has announced the implementation of the innovative “Plug & Charge” (PnC) technology for its electric vehicle chargers. With the advanced technology, GME is setting new standards in providing DC-charging infrastructure and making EV-charging easier and...
Greenman’s Head of Distribution David O’Meara recently shared his thoughts in PropertyEU on the digital evolution of retail. Recent years have seen technology permeate every aspect of retail and real estate, with supply chains experiencing substantial advancements.In an era where technology is revolutionising every corner...
During a late summer evening last week at an event location overlooking river Spree in Berlin, our sister company GFORM, who manages the assets of the OPEN-portfolio, unfolded a new chapter in the realm of retail innovation. With over 200 attendees, the inaugural event was...
Achieving an Article 9 (dark green fund) status is not only about reporting obligations.The benefits of Article 9 are in fact far reaching and have significantly positive implications for real estate activities. Financial impact can be seen in the access to “green loans” with more...
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...
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...
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.