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Topics: Sustainability/CSR

  • Solar Powers the Next Stage of Growth

    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

  • Greenman OPEN Secures Sustainable Framework Agreement with Kaufland


    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 Partners with Greenman Energy to Launch Virtual Power Plant

    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, together with sister company Greenman Energy, to generate 27 gWh of electricity annually from roof mounted solar panels

    Greenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, is to invest €32 million to install Photovoltaic (PV) Panels on around 1.3km2 of roof space by 2027 across its retail centres in Germany. Once operational, OPEN estimates that the panels will generate 27 gWh of electricity per year, enough to power a small town of 16,000 households.
    The rollout will be man