Bouwinvest has management agreements with the Dutch funds it manages. These management agreements are for an indefinite period with a two-year notice period.
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All amounts in € thousands
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Bouwinvest received a management fee totalling € 46.1 million in 2019 (2018: € 38.5 million), consisting of € 45.2 million (2018: € 38.3 million) based on the invested capital.
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The pension fund costs chargeable to the financial year can be broken down as follows:
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During the completion of this annual report, the world was confronted with the outbreak of the coronavirus (COVID-19).
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Amsterdam, 9 April 2020
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