The Fund has opted for the status of Fiscal Investment Institution (FII). Although an FII is not transparent for tax purposes the FII regime is based on the principle of tax transparency.
Read more >

The Residential Fund has no employees.
Read more >

The Fund’s investment properties are valued by independent external appraisers on a quarterly basis.
Read more >

The right of use of land is included as an integrated part of the investment property under construction.
Read more >

Read more >

The bank balances of € 80.0 million are freely available to the Fund as at 31 December 2019. In order to minimalise the costs of the negative interest rate on the bank balances, in 2019 the Fund used 30-day bank deposits.
Read more >

For 2019, before appropriation of profit
Read more >

The average discount rate used for discounting the lease payments is 3%.
Read more >

The other payables relate to invoices yet to be received for maintenance of and investments in the portfolio.
Read more >

Basic earnings per share are calculated by dividing the net profit attributable to shareholders by the weighted average number of ordinary shares outstanding during the year.
Read more >