Greenman is delighted to announce that our flagship fund, Greenman OPEN, has successfully been converted into an ELTIF under the new ELTIF 2.0 framework marking a new chapter for the fund. Below, we outline what has changed:
What is an ELTIF and ELTIF 2.0?
A European Long-Term Investment Fund (ELTIF) is a regulated investment framework introduced by the European Union in 2015. It was created
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 with acc
Greenman OPEN achieves a +0.94% like-for-like change in NAV for Q2 2024, its 11th consecutive positive uplift and consistent performance.
Investment Zones Update
Real Estate: A sale and leaseback acquisition of 10 EDEKA supermarkets as well as a framework agreement impacting leases across 7 of OPEN’s properties with grocer Kaufland has helped to increase OPEN’s gross asset value to €1.28bn (
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
As Q1 2024 wraps up, Greenman OPEN continues to excel, marking the 10th consecutive quarter of like-for-like NAV uplift—a notable increase of +0.26%. The first quarter has demonstrated significant progress across all investment zones, highlighting our strategic vision.
Real EstateOur real estate sector has been active in Q1 with a series of sale and leaseback deals and framework agreements. The
The partnership marks Potager Farm’s entry into online retail through Knuspr’s platform.
[Berlin]: Potager Farm, a Berlin-based vertical farming company, has teamed up with Knuspr, a leading online supermarket offering a wide selection of around 19,000 products for weekly shopping – from supermarket items and drugstore products to pet food and pharmacy supplies. Knuspr is particularly known for
The Greenman Group, a multinational organisation and market leading investment fund manager who owns food-anchored retail real estate worth c. €1.35 billion across France, Germany, and Poland, is delighted to announce the winners of its inaugural Future Food Retail Awards. The awards ceremony, held in Dublin, brought together c. 160 industry leaders from finance, investment, retail, press, entrepr
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
