Grocery-anchored real estate rests on a simple premise – people need to eat, so they always buy food, no matter the economy, and as a result the grocers in the buildings keep trading. Demand was not the problem on Monday. Freezers in dozens of supermarkets across Ireland, Sweden, Belgium, Finland and Estonia were pushed as high as 55°C after hackers broke into their refrigeration controls. Million
Here is an update on property sales, redemption payment timing and the 2025 audit.
At a glanceWe want to give you a clear picture of where things stand.
Property sales: The sale of OPEN’s first property portfolio is due to complete in the coming days. Proceeds will repay loans on the properties sold and cover transactions costs.
Redemptions: We do not expect to begin paying redemption reque
On Saturday 19 September, c. 3,000 people came to Elsterwerdaer Platz at Biesdorf Center in Berlin for the Vereinstag, a day of local association stands, stage performances and activities held to mark World Children's Day. It was the fourth year in a row the event ran at the centre. Around 25 local clubs and organisations took part, and 600 people were directly involved as club representatives, pe
The European Investment Bank (EIB) Group has committed to provide at least €30 billion for climate adaptation by 2030, double its adaptation financing over the previous five years, with the need to help with increased risk of heatwaves, droughts, wildfires and floods. The EIB's president, Nadia Calviño, put the logic plainly: every euro invested in prevention and adaptation saves 10 euros in damag
As of 12 October 2026, Greenman Energy's charging network has served 20,479 unique customers and delivered more than 2.2 GWh of energy through its charging points, across sites in Greenman OPEN's grocery portfolio.
The timing is worth noting. Germany’s Kraftfahrt-Bundesamt reported a record 34.5% battery-electric share of new cars in September, with 88,599 registrations, almost double a year ea
Emissions across Greenman OPEN's grocery-anchored portfolio have fallen by c. 27% over four years, and the EV charging infrastructure Greenman Energy has installed on those sites has paid for itself, delivering 893,445 kWh across 32,108 charging sessions in the past 12 months. Both results sit at the centre of an editorial by Carmen Sitz, CEO of edyfi, and Johnnie Wilkinson, CEO of Greenman Group,
Of all the primary grocery real estate markets in our Signals to Savour research, Poland offers the longest runway for rental growth – and the reason comes down to a quirk in how its leases are structured.
Polish grocery rents are indexed to the eurozone HICP rather than domestic Polish inflation. That's a technical detail almost everywhere else, but in Poland it creates a genuine structural g
Across Europe's largest grocery markets, e-commerce still hasn't become the threat to physical retail that it did in other categories. In Germany, online grocery sits at roughly 0.4% of the market. In France and Spain, our Signals to Savour research found the channel continuing to struggle for a real foothold against strong in-store preference. In Italy, it has gained traction mainly among younger
We said we'd update you this week on the timing of the AGM convening notices. The audit is not yet signed off, so we're not in a position to issue them today.
We know this is a further delay on top of what we flagged last week, and we're sorry for the continued wait.
Where things stand:
The audit remains with our independent auditors and is not yet complete.
We'll issue the convening n
Food inflation in Germany hit 12.7% through 2022 and 2023, and the natural assumption was that grocery tenants were under pressure. However, the data says the opposite - headline inflation ran at roughly half that rate, and because rents index to the general price level while grocery turnover moves with food prices, tenants' occupancy costs actually fell. France and Spain followed the same pattern
Two of the Group's real estate businesses are becoming one. GFORM and White Bird are merging to form Greenman Germany, a new, closely aligned sister company to Greenman Poland.
The two businesses bring genuinely complementary strengths: GFORM's expertise in commercial and tenant relationship management, and White Bird's specialisation in technical real estate management. Together, they create
We're finalising the last items for the 2025 audit with our independent auditors. Because the audit isn't signed off yet, we weren't able to issue the AGM convening notices on 17 September as planned.
The auditors have been thorough. That level of scrutiny is there to protect investors, and we'd rather it was done properly than done quickly.
What happens next
Once the audit is signed of
