Most investors judge the strength of retail real estate by looking at tenant names, locations, or yields. These factors matter. But they don't always show whether a tenant's income is sustainable or whether a store is likely to remain profitable over time.
There is another indicator that can often provide deeper insight into the strength of a grocery property's income: how comfortably the tenan
In a world where uncertainty looms and markets fluctuate, one thing remains constant: people need to eat. Grocery stores serve as the backbone of our daily lives, providing not just food but also a sense of community and convenience. If you’re considering your next investment move, why not focus on German grocery real estate? With its blend of necessity and stability, this market offers a promisin
Greenman OPEN has received approval to redevelop Stadtgalerie Datteln, a shopping centre in its portfolio located in North Rhine-Westphalia, Germany.
This planning milestone paves the way for a complete upgrade of the centre, focused on future-proofing the building and delivering long-term value to the community it serves.
The redevelopment is being delivered by Greenman Group subsidiaries.
Greenman OPEN has successfully taken handover of a newly built EDEKA supermarket located in Freyburg, Saxony-Anhalt. The property, let to EDEKA on a 15-year lease with a let area of approximately 2,515 sqm, is one of the newest additions to the fund’s growing portfolio and is part of OPEN’s commitment to sustainable and future-proof real estate investments as Europe’s largest Article 9 real estate
We are proud to announce that our parent company The Greenman Group has announced the winners of its inaugural Future Food Retail Awards. The awards ceremony, held in Dublin, brought together c. 160 industry leaders from finance, investment, retail, press, entrepreneurship, real estate, and academia.
This year’s overall winner was the French start-up Spore.Bio, who invented the first instant pa
We are thrilled to announce that our sister company, Potager Farm, takes a giant leap forward with their first-ever direct-to-consumer sale of fresh, local, and pesticide-free food.
In September this year and as part of a pilot-project, the first seeds were sown and a batch of produce was provided to gastronomic partners to receive feedback on quality, durability, aroma, taste profile, freshnes
On Thursday, October 5th, 2023, at 11 a.m., the first donation handover took place at Berliner Tafel e.V. at Beusselstraße. We were able to handover nearly €500 in donation funds, which was collected through the sale of our Beezdorf Honey at the Biesdorf Center.
Our honey originates from our rooftop beehives, which we established in the spring on the roof of the Biesdorf Center. We have six col
In an era where sustainability and conscious consumption have become paramount, instilling healthy and eco-friendly food habits in our youth is a mission of great significance. The Beezdorf Kitchen initiative, a collaborative effort by Greenman OPEN and yes&, continues to champion this cause with unwavering dedication. The recent event at Fuchsberg Elementary School in Berlin was a shini
Potager Farm, a vertical farming company and joint venture between the Greenman Group and Greenman OPEN, has started with the cultivation of its first produce at its farm in Berlin’s district of Marzahn-Hellersdorf last week. Various restaurants from Berlin will receive the harvest to test the products over a limited period of time. As part of the pilot project, the products grown for the very fir
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
We are thrilled to announce that our parent company the Greenman Group has launched its very first pan-European Innovation Awards, highlighting their continuous commitment to innovation and progress. As part of the Group, we’re excited to witness the positive impact this initiative will bring to our network and the industries we serve.
The competition will identify, recognise, and reward busine
In Germany, the consumer sector “food” is responsible for around 15% of greenhouse gas emissions (GHG). Due to the high demand for food outside the home, changes in this area have the potential to significantly boost climate efficient nutrition.
The Beezdorf Kitchen initiative, which was launched in 2023 by Greenman OPEN strives to engage and educate local school children about the benefits of
One of the most powerful solutions to addressing climate change lies in the food we eat. Greenman believes, that educating young people is one of the most sustainable ways of doing that. Less than 25% of children receive “food education” at school and 83% of those that do receive food education are more likely to eat fresh unprocessed foods.
The Beezdorf initiative, organised by our sister comp
We are proud of the relationships our teams have built over the past with both our tenants and within the grocery retail sector. The latest acquisition of three EDEKA markets of c. €35 million for our fund OPEN, reaffirms our long-standing partnership with one of Germany’s largest food retailers. One of the supermarkets was acquired as part of an off-market, 20-year, sale and leaseback deal direct
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 Beezdorf Kitchen was launched last Thursday at Berlin’s Fuchsberg Elementary School. The Beezdorf Kitchen is an educational programme organised by our daughter company yes&, which takes place in areas close to the retail centres of the OPEN fund.
We recognise the importance of working towards sustainable goals and we believe that the fund’s Environmental, Social and Governance (ESG) fra
Today was all about a charity initiative: Greenman OPEN donated 10,000 € to the organisation Berliner Tafel e.V. With this contribution OPEN wants to support the Tafel, a German charity organisation that helps provide food to people in need. They are currently facing challenges largely due to high inflation and the energy crisis.
The donated amount comes from savings made in energy costs due to
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
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
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
