Skip to content

News archive

  • Investing in Extensive Modernisation of Retail Centre Elster Park


    Together with our sister company White Bird, responsible for the technical asset management, we are currently redeveloping several areas of the retail centre Elster Park in Plauen, one of the 79 assets of the Greenman OPEN fund’s portfolio which we manage.
    As part of the refurbishment project, the glass roof of the centre is being completely renewed, with more than 1,000 m² of glass surfac

  • GFORM takes over management of new DGNB gold-certified local retail centre in Rhinland-Palatinate


    GFORM takes over the management of 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 of Montabaur is DGNB gold certified and offers a total of 6,811 s

  • GFORM celebrates opening of Westerwald Arkaden in Rhineland-Palatinate with 3,000 guests


    On April 26, the Westerwald Arkaden retail centre in Höhr-Grenzhausen (Rhineland-Palatinate) opened with a big folk festival and more than 3,000 guests – including Mayor Thilo Becker and State Secretary Ms. Petra Dick-Walther, from the Ministry of Economy, Transport, Agriculture and Viticulture. The opening ceremony was co-hosted by the owner Greenman OPEN (OPEN), developer Schoofs Immobilien

  • Greenman Open signs sale-and-leaseback portfolio transaction with EDEKA for c. €55m


    Greenman OPEN, one of the largest food-anchored retail real estate investment funds in Germany, has acquired a portfolio of six EDEKA supermarkets for c. €55 million, that GFORM will manage after handover.
    Five of the retail properties are located in the Bavarian towns of Bad Windsheim, Hof, Kemnath, Marktleuthen and Zell am Main, while the sixth is located in Dresden, eastern Germany. The

  • Leasing Success at Elster Park in Plauen


    As landlord, our top priority is to provide our tenants with the resources they need to run their business successfully. We took very seriously the most recent feedback we received that the store space of our tenant TEDi, one of the leading German non-food retailers, established at the location in Elster Park Plauen, that we manage, was too small to meet the needs of its customers.
    An anal