Greenman Energy has signed an agreement with GP JOULE CONNECT to install 4 hyper-charging EV units in the car park of the Mahlsdorf market retail centre which is owned by its sister fund Greenman OPEN.
The Hyper-Charging Station will have 4 300kW DC hyper-chargers with 2 charging points each. The units have the capacity to charge an EV with c. 200km worth of charge in 20 minutes. The electricit
Focus on German shopping centres anchored by food chains is at heart of Greenman’s Covid recovery
When Covid-19 descended on Europe in March 2020, retail landlords, forced to renegotiate leases and give payment freezes, were probably wondering why they entered the sector in the first place.
One Irish landlord had a different take. For Greenman, a real estate investment fund manager, the pand
Throughout the past few years, grocery retail has been the shining light of retail, performing consistently and steadily. Now, as the prevalence of the pandemic recedes in Europe, hospitality reopens, supply chains struggle and prices inflate, how will the grocery retail market perform?
Several consumer driven trends will affect grocery retailers’ strategies. Amongst them are increased price se
The forecast growth in the EV market, coupled with the energy shortages and price spikes that the world is currently experiencing, means the search for energy independence and greener energy production is critical.
Currently, Greenman OPEN generates c.350,000 kWh on 2% of its roof space. We established Greenman Energy to expand on the potential of this underutilised space, and we target to inst
Working towards sustainable goals makes our environmental, social and governance (ESG) framework crucial for creating long-term value for our investors and society.
Climate change is intensifying, and no country is left untouched. The UN states that 90% of disasters are categorised as weather- and climate-related. By 2050, 70% of the world’s population will be living in an urban environment. Co
Following its strong performance in 2021 (with annual change in NAV for the year of c.7.1%), Greenman OPEN continues to perform consistently, recording growth in NAV of 1.46% like for like change in Q1 2022.
This increase in investment in OPEN’s asset class is largely due to its security and the ability of its tenants to generate rent increases during inflationary periods.
“Whilst it is diff
Greenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, announces the acquisition of a grocery anchored retail park in Rhineland-Palatinate. This is the third acquisition in OPEN’s €95.5 million portfolio development framework agreement with Schoofs Immobilien Frankfurt, the leading German retail real estate developer.
Located on a c.20.000 sqm plot with a tota
Greenman, the specialist grocery-anchored retail real estate investment and fund manager, announces today the launch of Greenman European Supermarkets (GES), an open-ended fund that will invest primarily in grocery-anchored real estate, with the flexibility to acquire logistics and omni-channel grocery distribution assets as well as retail platforms across the EU.
GES received regulatory approv
Greenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, has signed a €30 million Revolving Credit Facility which was arranged by Santander. OPEN will use the facility to support investments in their German grocery-anchored retail portfolio.
Neil Hennessy, Head of Debt Capital Markets at Greenman, commented: “It is important to us to be able to work with Santand
Greenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, has signed a seven-year €19.5 million debt deal with BayernLB to finance the acquisition of a retail park in Sonneberg, Germany.
The centre is anchored by MARKTKAUF, part of the EDEKA Group and one of Germany’s leading food retailers. Other tenants include TOOM Baumarkt, Möbel Boss, CF Fitness and the Dani
Edinburgh, UK and Berlin, Germany – February 10, 2022 – Intelligent Growth Solutions (IGS), the indoor agritech specialist, has secured a partnership with Potager Farm, a subsidiaryof grocery-anchored real estate firm Greenman Group, to build the first retail park-based vertical farm in Germany. Potager Farm will operate and run the farm in Berlin, supplying fresh produce to Greenman’s retail cent
After some tough years for the sector, investor appetite is expected to return in 2022.
After years of doom and gloom around retail, optimism is finally returning to the sector.
Having proved its resilience during the pandemic, there is no surprise that the convenience subsector is highly sought after, but investor interest is now growing for a broader range of retail properties. Out of town
