Greenman Energy's (GME’s) rooftop solar network is now covering nearly half of on-site tenant electricity demand at the Greenman OPEN properties where it operates. Across 13 active plants – running for close to 1,000 operational days now – the network is generating an average yield of 3.50 MWh per plant per day, enough to cover 48.4% of customer energy needs at those sites and save an estimated 29
edyfi now has real, ground-level visibility across nearly half of Greenman OPEN's portfolio – and is on track for full coverage by the end of the year.
edyfi is rolling out sensors across OPEN's properties to replace estimates with measured, verifiable data. That rollout is already live at 42 of OPEN's 90 properties, capturing energy consumption everywhere it's installed, alongside
Potager Farm has cut production time across its core products by 8–15% – and because time under grow-lights and irrigation drives resource use directly, that same reduction carries through to energy, water and fertiliser use per unit grown.
The business has also broadened well beyond its original core products. It is producing on a large on-demand scale flowering plants in pots, ex
A guide to the fund’s structure, strategy, and key terms for prospective investors
Greenman NEXT is an open-ended European Long-Term Investment Fund (ELTIF) that invests in supermarket and grocery-anchored real estate across Europe. It is managed by Greenman Investments, which acts as the Alternative Investment Fund Manager (AIFM). Day-to-day property and asset management is handled locally by
This is the fourth of our monthly updates that we have committed to providing during OPEN’s gating period.
OPEN’s Operational PerformanceThe underlying portfolio of OPEN continues to perform well in line with sector standards. Business operations continue as usual across OPEN’s portfolio, with ongoing progress across each of OPEN’s investment zones.
Real AssetsThe underlying real estate port
This is the first of our monthly updates that we have committed to providing during the fund's gating period. Our aim is to provide clear information on two fronts: the process to address liquidity and the ongoing operational performance of the portfolio.
Update on the Liquidity Process
The planned disposal of 14 properties is underway and the timing is on schedule. As this is an orderly sal
Rental income, strategic projects, and asset management proceed uninterrupted during redemption gate period.
While Greenman OPEN has implemented a temporary gate on redemptions to manage liquidity, the fund’s underlying business and portfolio continue to perform uninterrupted and remain robust.
The resilience of the Grocery-Anchored real estate sector and the active management of the portfol
For over a decade, Greenman OPEN has been investing in one of Europe’s most dependable real estate sectors: grocery-anchored retail in Germany. The portfolio is anchored by some of Europe’s leading grocery retailers, whose stores serve thousands of customers weekly, providing a foundation of steady, reliable rental income to the Fund.
OPEN’s properties, valued at over €1.26 billion,
How the Greenman OPEN Fund Works
Greenman OPEN is a European Long-Term Investment Fund (ELTIF) managed by Greenman Investments, a fully regulated Alternative Investment Fund Manager (AIFM) authorised by the Central Bank of Ireland.
The fund is open-ended, meaning investors can subscribe or redeem quarterly, subject to liquidity terms. It also offers flexibility through two share classes
OPEN is more than a grocery real estate fund. While our core portfolio is anchored by some of Germany’s strongest retailers, our strategy reaches further. We invest across four connected zones: Real Estate, Utilities, Resources, and Networks. Each zone plays a role in strengthening our assets, unlocking new revenue, and staying ahead of where the market is going. Together, they build income that l
On May 23, OPEN hosted its Q1 2025 webinar to give an update on fund performance, portfolio activity, and what’s ahead. The session covered progress across all investment zones, key market context, and the steps being taken to strengthen how we operate and communicate.
Whether you joined live or are catching up here, this recap highlights the key messages from the webinar and how they refle
Greenman OPEN has finalized a long-term strategic framework agreement with Kaufland, securing leases for seven key retail centers across Germany. This deal enhances OPEN’s portfolio by extending its Weighted Average Rent Lease Term (WARLT) to 10.4 years and increasing rent to term by €190 million.
A key component of the framework agreement is an innovative initiative to provide tenants wit
Greenman OPEN (OPEN), Germany’s leading grocery-retail real estate investment fund, has announced a strategic partnership with its sister company, Greenman Energy, to launch a Virtual Power Plant (VPP). This initiative follows Greenman Energy's recent approval to operate as a utility in Germany.
As an Article 9 fund, OPEN is committed to integrating sustainable practices and future-oriented tec
Greenman OPEN, one of Germany’s largest food-anchored retail real estate investment funds and Europe’s largest Article 9 Real Estate Fund, has acquired a portfolio of 10 standalone EDEKA supermarkets with a total let area of approximately 22,500 square meters. The retail properties are located in the federal states of Saxony, Bavaria, and Thuringia. The deal, known as the portfolio “Chase” involve
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, Hohen Neuendorf and Berlin.
The projects launched with not only the addition of bees on the centre rooftops but wit
OPEN is actively investing in EU-Taxonomy-compliant net-zero buildings. This initiative reflects our commitment to making our properties future-proof while making a positive impact on the environment.
A leading example of this strategy is the extensive revitalisation of our retail centre Stadtgalerie Datteln, where we have recognised the opportunity to approach this project not merely as renova
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 more efficient for consumers than ever.
In line with the funds ambitiou
In an era where sustainability and conscious consumption have become paramount, instilling healthy and eco-friendly food habits in our youth is a mission of great significance. The Beezdorf Kitchen initiative, a collaborative effort by Greenman OPEN and yes&, continues to champion this cause with unwavering dedication. The recent event at Fuchsberg Elementary School in Berlin was a shini
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 consumption, lower operational costs, and enhance occupant comfort.
By making informed decisions about whe
Potager Farm, a vertical farming company and joint venture between the Greenman Group and Greenman OPEN, has started with the cultivation of its first produce at its farm in Berlin’s district of Marzahn-Hellersdorf last week. Various restaurants from Berlin will receive the harvest to test the products over a limited period of time. As part of the pilot project, the products grown for the very fir
