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 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
Greenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, has recently agreed a new framework agreement with Kaufland, one of Germany’s leading grocery retailers, on the long-term renewal of five leases across a portfolio of five retail centres it acquired in 2019 for €112m.
As a result of this agreement, the weighted average remaining lease term (WARLT) of the p
In June this year we attended the Richtfest of our retail centre in Wittenberge. 8 months later, the anchor tenant REWE opened its new store. The building is one of REWE’s green building designs, built in accordance with the Green Building criteria of the German Sustainable Building Council, and is one of the highest standards of sustainable supermarkets. As a result of the advanced and considered
Catherine Choo has been Chief Information Officer at Greenman since last year, a role with a lot of responsibility and a wide range of duties. However, she started her career at Greenman back in 2011. Take a moment to read the interview with her and learn more about the role of technology at Greenman, Greenman OPEN’s ESG strategy and food retail.
Catherine, could you briefly introduce yourself
The food dominated retail hybrid centre “Drehscheibe Homberg” in Homberg (Efze) was acquired by OPEN last year and was added to its operational portfolio in April 2021.The centre, which is located in the city centre of Homberg in the northern part of Hesse, brings city flair to the middle of the small town which is characterized by half-timbering and blends harmoniously into the existing developme
Greenman OPEN (OPEN), Germany’s largest food-retail focused investment fund, has signed a new seven year debt facility for €17 million to refinance the Berlin Hansa-Centre, marking the fund’s first financing deal with MünchenerHyp.
The Hansa-Centre is located in the Berlin district of Hohenschönhausen and is a large hybrid centre anchored by EDEKA, Germany’s largest food retailer. The centre wa
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 (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
