The world in which Bouwinvest makes its long-term investments is marked by continuing urbanisation, ongoing globalisation, the increased ageing of the population, rapid technological changes and an urgent need to increase sustainability.
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The global economy continued to grow last year, certainly in the United States, where the growth rate was higher than in 2017. However, growth slowed in Asia and Europe in 2018.
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For a long-term investors like Bouwinvest, financial and social returns increasingly go hand in hand. By investing in better, more sustainable real estate, Bouwinvest contributes to the well-being and health of the areas it invests in.
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Bouwinvest invests globally in metropolitan areas in ten countries and in six sectors. This strategy enables Bouwinvest to derive the maximum benefit from trends and developments, such as population growth, urbanisation and globalisation.
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In the Business Plan 2018-2020 'Sustainable Growth', Bouwinvest set itself a number of goals. An average long-term return of 5% to 7% per year, excluding current exchange result. An annual transaction volume of € 800 million.
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Bouwinvest’s goal is to realise a solid return on sustainable real estate investments for institutional investors and their participants. Because we invest for the long term, we do this in a responsible manner.
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The European portfolio recorded a return of 4.7% in 2018 (2017: 10.9%). At year-end 2018, the European portfolio was valued at € 1.1 billion. We made € 100 million in investments in 2018, in homes, offices, shops and logistics centres.
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We see corporate social responsibility as much more than simply complying with minimum laws and regulations. CSR plays a role in every decision we take and choice we make.
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As a long-term investor, we are committed to a process of continuous improvement to realise attractive buildings in vibrant towns and cities and to make our assets and portfolios future proof.
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The Supervisory Board met five times in 2018. The subjects the members of the Supervisory Board discussed included the changes in the Dutch and global real estate market.
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