Our tenants are among our most important stakeholders and we have made a good deal of progress in terms of truly engaging and getting to know our tenants in recent years. Our target for 2019 was to achieve an overall score of 7.0.

Our ambition is to have 60% of our total portfolio in the affordable mid-rental segment category (€ 720 to € 1,000; as per January 2020, € 737 and € 1,027).

Bouwinvest Dutch Institutional Residential Fund N.V. (the ‘Fund’) was established in 2010. The Fund has a governance structure that ensures effective and efficient management, combined with proper checks and balances.

The Fund is structured as an investment company with variable capital, as defined in article 2:76a of the Dutch Civil Code, with its corporate seat in Amsterdam, the Netherlands.

This is the risk that the value of the real estate in the Fund fluctuates due to supply and demand mechanisms in the markets in which the Fund operates.

Monitoring risks is embedded in the daily activities of the responsible line manager and is an integral part of the planning and control cycle.

The following market trends reflect the main opportunities and threats the Bouwinvest Dutch Institutional Residential Fund will take into account as it seeks to meet its strategic objectives in the period ahead.

Bouwinvest aims for the highest level of transparency in its communications on the financial situation, strategy, plans and other information relevant to its existing and potential investors and other stakeholders.

Bouwinvest Real Estate Investors B.V. (Bouwinvest) is one of the largest Dutch institutional real estate investment managers. Bouwinvest strives to achieve risk-adjusted returns on behalf of its pension fund clients.

All amounts in € thousands, unless otherwise stated