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News archive

  • Tenant Snapshot: EDEKA Brehm Mahlsdorfer Märkte

    The centres in the OPEN portfolio are located in central locations in major suburban cities or in the best locations in secondary and tertiary cities in Germany. The tenants’ retail concepts are innovative and we work closely with our tenants to make the centres future-proof in the long term.
    Today we would like to introduce you to the EDEKA Brehm store in our Mahlsdorfer Märkte centre on the

  • Up in the Air: Grocery Delivery Service by Drone

    Grocery delivery service with the help of drones is closer than you think. Investor interest is increasing and funding for the air mobility industry has accelerated in recent months. In fact, the upswing has been so rapid that total disclosed investments exceeded US$8 billion at the end of March 2021. But what we can really expect from drones?
    Drones are being deployed to improve crop yields, t

  • Opening of the hybrid centre in Tuttlingen

    Last week, the centre in Tuttlingen opened its doors after only twelve months of construction. Rewe and Aldi took the first step and each opened a new store in the mixed-use hybrid centre with long-term leases of 15 years. A total of around 3,200 square metres of sales space is available, and a bakery is attached to the Rewe store. The building includes 150 parking spaces for bicycles and cars, as

  • Drehscheibe Homberg joins Greenman OPEN’s operational portfolio

    The new food dominated retail hybrid Centre in Homberg (Efze) which was acquired by Greenman OPEN (OPEN) last year, is now fully operational with OPEN collecting its first month’s rent from 1st April 2021.
    The developer and seller Schoofs Immobilien has successfully handed over the centre to the grocery focused investment fund. The centre is located in the city centre of Homberg, an attractive

  • Greenman OPEN Commits to being Carbon Neutral by 2040

    Greenman OPEN (OPEN), Germany’s largest food-retail focused investment fund, has committed to achieving a carbon neutral footprint by 2040 and ensuring all real estate acquisitions will be carbon neutral by 2035. To accomplish this ambitious target, Greenman OPEN will allocate a minimum of 1.21% of NAV up to a maximum of 18.5% of NAV annually on initiatives linked to their ESG strategy.
    Acknowl

  • Investing in German food-anchored real estate

    Michael Irving, Investment Consultant at Greenman, recently spoke to Moneycube.ie about Greenman OPEN’s strategy, performance and targets for 2021 and why it is time to invest now.
    Read the full blog post here on Moneycube.ie.

  • New acquisition for OPEN: Targeting €1 billion in AUM

    Greenman OPEN has recently completed a deal to acquire a new, turnkey retail center in Wittenberge, Brandenburg. The deal, which has been acquired directly from German developer Harms Consulting GmbH & Co. KG has a total volume of c. €10.6 million, bringing the fund closer to reaching its target of €1bn AUM. Greenman OPEN was represented by Frankfurt-based legal advisors White & Case.
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