As of 12 October 2026, Greenman Energy's charging network has served 20,479 unique customers and delivered more than 2.2 GWh of energy through its charging points, across sites in Greenman OPEN's grocery portfolio.
The timing is worth noting. Germany’s Kraftfahrt-Bundesamt reported a record 34.5% battery-electric share of new cars in September, with 88,599 registrations, almost double a year ea
Emissions across Greenman OPEN's grocery-anchored portfolio have fallen by c. 27% over four years, and the EV charging infrastructure Greenman Energy has installed on those sites has paid for itself, delivering 893,445 kWh across 32,108 charging sessions in the past 12 months. Both results sit at the centre of an editorial by Carmen Sitz, CEO of edyfi, and Johnnie Wilkinson, CEO of Greenman Group,
Across Europe's largest grocery markets, e-commerce still hasn't become the threat to physical retail that it did in other categories. In Germany, online grocery sits at roughly 0.4% of the market. In France and Spain, our Signals to Savour research found the channel continuing to struggle for a real foothold against strong in-store preference. In Italy, it has gained traction mainly among younger
Food inflation in Germany hit 12.7% through 2022 and 2023, and the natural assumption was that grocery tenants were under pressure. However, the data says the opposite - headline inflation ran at roughly half that rate, and because rents index to the general price level while grocery turnover moves with food prices, tenants' occupancy costs actually fell. France and Spain followed the same pattern
Two of the Group's real estate businesses are becoming one. GFORM and White Bird are merging to form Greenman Germany, a new, closely aligned sister company to Greenman Poland.
The two businesses bring genuinely complementary strengths: GFORM's expertise in commercial and tenant relationship management, and White Bird's specialisation in technical real estate management. Together, they create
German grocery retail has barely grown its physical footprint since 2019. Per McKinsey and EuroCommerce's State of Grocery Retail Europe 2026, German retail space actually contracted slightly over that period (-2.4%), while the European average expanded by 4.6%.
And yet sales per square metre in Germany rose 38.9% over the same period – ahead of the European average of 29.8%. Some of that refl
Getting a clear read on how a single property is performing has always meant stitching things together – energy figures from one system, carbon data from another, footfall from somewhere else entirely. This October, that changes. edyfi is launching a platform that brings energy, carbon, footfall and property-level performance into one interface, updated from live sensor feeds every 15 minutes. One
What "specialist" actually means
Greenman Investments is the Greenman Group's alternative investment fund manager. We began in European grocery-anchored real estate, and that's still where most of our track record sits. A lot of managers call themselves specialists. We think the word only means something if it's backed by how you actually operate, not just how you invest.
The distinction is
Private market investment funds have been growing quickly in Europe. According to a 2026 study by Scope Fund Analysis, the European Long-Term Investment Fund (ELTIF) market reached at least €34 billion in assets under management by the end of 2025, a 55% increase on 2024. A record 113 new ELTIFs launched in 2025 alone, almost double the number in 2024.¹ For investors who have not yet looked closel
Germany’s EV market posted its strongest half year to date. Battery-electric cars accounted for 24.8% of all new passenger car registrations in H1 2026, up from 18.4% last year. By the end of July, that meant roughly 446,000 new EVs on the road – a 50.2% increase from the same period in 2025.
This isn’t a premium or early-adopter story anymore. VW, Skoda, and BMW took the top three sales spots
Potager Farm's sales this year have already come close to matching the whole of 2025's sales total – with several months still to go.
Part of that is a single, concentrated example of what direct retail can look like at pace. Within eight weeks, Potager Farm sold almost 2,000 plants directly into one grocery store's shelves. That's not a slow, steady trickle of stock – it's evidence that when
German grocery operators are amongst the largest and most successful in Europe, and once you walk into a store, it’s easy to see why. Their stores are built for more than just completing a weekly shop and it's a format that many Irish retailers are now following.
Large bakeries at the entrances enticing customers in with the smell of fresh baking bread throughout the day, a vibrant farmer
Greenman Energy's charging network has now exceeded €1.5 million in cumulative revenue, up from the c.€1.3 million milestone reported earlier this summer.
The growth is coming from two directions: an EV hyper-charger footprint that is expanding across Greenman OPEN's portfolio, and a steadily growing base of customers charging directly through SPARK, the mobile app GME launched in June. Neithe
If you have been researching investment funds recently, you may have come across the term ELTIF. It stands for European Long-Term Investment Fund, and it is worth understanding what it means, because it determines what a fund can invest in, how it is regulated, and what that means for you as a retail investor.
What is an ELTIF?
An ELTIF is a regulated fund structure created by the European
edyfi has begun piloting a new layer of analysis across the OPEN portfolio: using number-plate recognition sensors to understand not just how much energy a property uses, but how its physical space is actually being used.
The first results, from one property currently being trialed, are notable. Over four months of data, even on the single busiest day observed, the car park reached at most aro
Three years of sales data now sit behind the retail partnerships of Potager Farm, the vertical farming venture backed by Greenman OPEN, and a pattern has emerged that repeats with striking consistency: demand dips every summer, right around the school holidays, before climbing back through autumn and building toward a stronger spring.
It shows up in 2024. It shows up again in 2025. And it's al
Greenman Energy's (GME’s) rooftop solar network is now covering nearly half of on-site tenant electricity demand at the Greenman OPEN properties where it operates. Across 13 active plants – running for close to 1,000 operational days now – the network is generating an average yield of 3.50 MWh per plant per day, enough to cover 48.4% of customer energy needs at those sites and save an estimated 29
The first half of 2026 brought continued resilience to Europe's grocery retail sector despite a more uncertain economic backdrop. In this report, we examine the trends that shaped the market through the lens of Greenman's portfolio across Germany, Poland and France, combining our experience on the ground with the latest market data.
The more interesting story of the first half was not grocery's
Over the next few months there are a number of important dates coming up – covering the 2025 audit, the AGM of the fund, and NAV and distribution announcements. Here's what to expect and when.
Completion of the 2025 Audit The CSSF have been informed that Greenman acting in its capacity as AIFM to Greenman OPEN and Greenman NEXT, has agreed with the Fund's Independent Auditor – Moore Audit – tha
Welcome to the latest Greenman OPEN Monthly Update - the latest portfolio news, an updated position on Greenman OPEN's liquidity and redemption process, and what's new on our Education Hub.
OPEN's Portfolio PerformanceUtilitiesGreenman Energy (GME), OPEN's EV-charging subsidiary, continues to build out its footprint. Since launching from scratch in 2022, GME has completed 65,000 hyper-charges f
