Greenman is formed with the intention of becoming an owner and manager of German income producing real estate
We assemble a portfolio of residential apartment buildings located in Berlin
We launch our first Luxembourg seated German real estate fund, Greenman AUTO
Greenman AUTO acquires three newly constructed
non-food commercial properties
Greenman’s second fund, Greenman Accelerate is approved for investment via Friends First’s SDIO platform
Our over subscribed third fund, Greenman Retail acquires two food retail parks located in Berlin
We become the first Irish owned investment manager to be approved as an AIFM and our first AIF, the Luxembourg seated Greenman OPEN opens for investment to professional and well informed investors located throughout the EU
We complete the €95m acquisition, by sale and lease back, of 29 EDEKA markets as a joint venture with a listed German real estate fund
Retail+ completes the acquisition of its first hybrid centre, with a volume of c.€24.6m, anchored by REWE and located in Datteln, NRW
Income PRO launches with €31m of equity. It is Greenman's first "own account" managed via Greenman Investments S.C.A SICAV-FIS, on behalf of RiverCrossing, a Sharia complaint Middle Eastern investor
Retail+ is sucessfully converted into an open-ended structure allowing investors to access the fund on a continual basis. OPEN is Greenman's first open-ended investment scheme following a "buy and hold" strategy targeting food dominated commercial property
In December 2017 Greenman gained HSH Nordbank as a long-term financing partner. The bank is providing a term loan facility of €153.5m over 10 years to Greenman OPEN.
At the end of 2017 Greenman OPEN successfully completed the merge of assets from closed end funds Auto, Accelerate and Retail. Greenman OPEN, post merger, consists of 25 properties with a volume of €295m generating over €16m in rent a year.
Greenman OPEN acquires the Biesdorf Centre in Berlin, its biggest single asset transaction to date with an investment volume of c.€79m.