Greenman Investments will launch the Greenman RETAIL Fund in late Autumn 2012. This fund will combine up to €100M of investor equity with up to €100m of local bank finance to build/acquire properties let to Germany’s largest retailers.

The fund will partner with Berlin builder GVG as well as other builders to build/acquire retail parks. This popular asset class, known as retail warehousing, is a favourite of many institutional investors and in the half year to July 2011 over c.€1.6bn of transactions were recorded at an average net purchase yields of c. 7.0%. These parks are usually anchored by Germany's most well known retailers and can be catogorised by leases which are longer that traditional shopping centres.

These properties are therefore perfectly suited to Greenman's fund model as they have the ability to generate consistent rental income surpluses over the long term. The targeted annual investor return from income surpluses will be c. 6.0% + NET making the fund an attractive income generating product for the medium to long term investor.

The Greenman RETAIL fund’s operational model fits within Greenman Investments’ overall investment philosophy and will build upon Greenman’s existing experience in the German commercial property market.

To register to receive updates about the launch date and to receive a copy of the fund’s investor memorandum at launch, please click here