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
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, 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
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
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
Greenman OPEN agrees new debt deal with HypoVereinsbank to finance the acquisition of a sustainable retail park in Brandenburg
Greenman OPEN (OPEN), one of the largest food retail-focused investment funds in Germany, has signed a five-year €5.6 million debt deal with HypoVereinsbank (UniCredit Bank AG) for the acquisition of a new retail park in Wittenberge, Germany. The transaction which is a
A new kind of mobility is being defined in urban and suburban areas with the uptake in usage of electric vehicles, such as cars, bicycles, and scooters. With these different e-mobility options, ride sharing has never been easier. It’s no secret that retail properties selling everyday goods offer the perfect location for e-charging infrastructure providers focusing on high-frequency locations. Jelb
What will the supermarket of the future look like? In Germany, REWE Group has recently opened its first Green Farming market in Wiesbaden (southern Germany) and has set a new standard for a new generation of green supermarkets in Europe.
The approximately 1,500m² supermarket already catches the eye from the outside with its unusual architectural concept: pillars made of stacked wood form the su
Bees are a key player in our ecosystem. Several thousand fruits and vegetables as well as important wild plants depend on bees as pollination insects. The insects’ work is also vital for the survival of the human being. However, bees are threatened by extinction.
By placing bees on the roof of our centre in Berlin-Biesdorf, we aim to do our part to preserve food diversity. As part of our Beezdo
As the world’s population continues to grow rapidly and is expected to reach 9.7 billion by 2050, it is estimated that global food production will need to increase by up to 70% over the next 30 years. Over this period, 80% of the world’s population will live in urban areas. To feed this growing population, there is a need for sustainable urban food. The production of sustainable urban food require
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
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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