Just a stone’s throw away from our retail centre Schillerpark in the city of Schönebeck, a new attraction has been built and opened for the public: the largest pump track area in Saxony-Anhalt.
This impressive project, driven by the passionate vision of local teenagers and supported by the city, donors, and community members, stands as a testament to what can happen when stakeholders and the co
Achieving an Article 9 (dark green fund) status is not only about reporting obligations.
The benefits of Article 9 are in fact far reaching and have significantly positive implications for real estate activities. Financial impact can be seen in the access to “green loans” with more attractive financing terms; easier access to EU grants and tax incentives; and sustainability projects that improv
To create a smart building that not only operates sustainably and efficiently but that also creates links to its users (tenants, landlords, customers) requires many different touch points.
As part of the Greenman Group, Greenman OPEN leverages the skills and experience of the Group companies to integrate technology, data, and other projects into its retail buildings, all with the same objective
OPEN is recently investing in the modernisation of an asset located in Zwickau in Germany, occupied by Kaufland, one of the country’s largest grocery retailers. This significant undertaking is aimed at enhancing sustainability and improving the overall shopping experience of our tenants and their customers.
In collaboration with our sister company White Bird, responsible for the technical asset
Plauen in Germany are currently undergoing extensive modernisation. In cooperation with its sister companies GFORM and White Bird, responsible for the technical asset management and construction works, is redeveloping different parts of the building to optimise the location with a focus on sustainability and efficiency.
As part of the refurbishment project, the glass roof of the centre is being
Greenman OPEN takes over 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 square metres of
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 Fran
With the implementation of the EU Taxonomy and the obligation for large companies to report on their taxonomy score, ESG factors have become a key focus for the industry.
We are beginning to see “green” leases in our portfolio now. These are leases that take environmental criteria into account. We believe green leases are hugely beneficial in aligning the tenant and the landlord’s ESG commitmen
Q1 2023 was a busy quarter which saw the team completing a national roadshow, presenting to over 200 financial advisors across the country. They also made their first asset tour of OPEN’s Berlin retail centres and hosted a number of events, including Carpark Cocktails.
The portfolio also grew in Q1 2023, the OPEN acquiring c. €73m worth of German, #grocery retail anchored real estate, adding to
Sale-and-leaseback (SALB) deals have become increasingly popular in the real estate industry, particularly in the commercial sector. This type of transaction involves the sale of a commercial property with the seller then leasing the asset back from the buyer, usually on a long-term lease.
For the seller the benefits are multi-fold. Not only does a SALB deal allows tenants to unlock the equity
Greenman OPEN and Schoofs Immobilien Frankfurt GmbH have laid the foundation stone for a four-level building in Dinkelsbühl in the district of Ansbach in Middle Franconia. On a 9,400 sqm site, an Edeka full-range store is being built that has signed a 21-year lease, next to a bakery with a café, topped by three residential floors with a total of 83 barrier-free apartments. The mixed-use property w
Last week, CEO’s of the Greenman Group gathered at MIPIM, the annual international real estate trade fair in Cannes, to network, discuss real estate industry trends and exchange market opinions. On this occasion, Johnnie Wilkinson, CEO of the Greenman Group, Maximilian Bley from Greenman Energy and Catherine Choo, CEO of yes&, spoke to Germany’s leading real estate newspaper Immobilien Zeitung
Greenman Energy (GME), a joint venture between the Greenman Group and its fund Greenman OPEN, has signed an exclusive framework agreement with Frankfurt-based project developer Schoofs Immobilien at the international real estate trade fair MIPIM in Cannes. The companies plan to equip all new projects realised by Schoofs with rooftop solar panels and hyper-charging stations via GME from now on. The
Greenman OPEN, one of the largest food-anchored retail real estate investment fund in Germany, has acquired three standalone Edeka markets with a total area of approximately 18,500 square meters. The properties are located in Weyhe in Lower Saxony, Taucha in Saxony and Freyburg in Saxony-Anhalt.. The cash & carry market in Weyhe, was acquired as part of an off-market, 20-year, sale and leaseba
The Board of Greenman Investments acting in its capacity as the Investment manager (AIFM) to Greenman OPEN (“OPEN”), the largest food retail-focused investment fund in Germany, recently approved the NET Zero plan which when complete will reduce the portfolio’s NET Carbon emissions to ZERO (the “Net Zero Pathway”). This Net Zero Pathway is planned to be delivered over three phases:
Phase 1 – on
On Thursday 17 th November the Greenman OPEN and GFORM team attended the Richtfest ceremony for one of OPEN’s new retail centres in Hohr-Grenzhausen.
Acquired at the end of 2021, the new turnkey Rastal Center was the second acquisition from OPEN’s portfolio framework agreement with developer Schoofs Immobilien Frankfurt. One year after the start of construction, the shell of the centre is now c
The Greenman Group (the ‘Group’), has launched GFORM, a commercial real estate and financial management platform, with a particular speciality in grocery-anchored real estate in Germany.
Headed by James McEvoy, CEO, and Maren Große-Löscher, CFO, who have both worked for Greenman for more than 8 years, GFORM will grow its €1.08 bn of assets under management from the Greenman OPEN fund with the a
Greenman Open has appointed Schoofs Immobilien GmbH Frankfurt, to develop a portfolio of eleven retail parks and mixed-use properties with a volume of EUR 215 million. This portfolio is to be jointly developed and realized by 2025. The 11 assets are located near large cities with growing populations spread across the areas of east and south Germany.
Greenman OPEN is looking forward to extend an
Anyone who has tried to buy a new car recently will have an acute understanding of how the global semiconductor shortage has affected that industry.
New car sales in the UK are currently a quarter lower than they were in June 2021 – which, bear in mind, was during the pandemic. Buyers worldwide are being told they may have to wait for months, or longer, to pick up the keys.
But this isn’t du
Greenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, is to invest €32 million to install Photovoltaic (PV) Panels on around 1.3km2 of roof space by 2027 across its retail centres in Germany. Once operational, OPEN estimates that the panels will generate 27 gWh of electricity per year, enough to power a small town of 16,000 households.
The rollout will be man
