Bouwinvest Dutch Institutional Office Fund N.V. (the “Fund”) was established in 2010. The Fund has a transparent governance structure, which ensures effective and efficient management, combined with proper checks and balances. The Fund’s governance structure consists of a General Meeting of Shareholders, a Shareholders’ Committee and a Board of Directors. Stichting Bedrijfstakpensioenfonds voor de Bouwnijverheid (bpfBOUW), the pension fund for the construction industry, is the Fund’s anchor investor.
Fund governance
The Fund is governed in a robust framework with systems and processes to manage risks appropriately. Safeguarding the interests of its investors, integrity and transparency, the Fund fosters the following governance principles:
The compliance function is independent
Conflicts of interests are avoided and managed through compliance with Bouwinvest’s conflicts of interest policy
Robust ‘checks and balances’ through an established framework with lines of defence
Focus on process management: ISAE 3402 type II certified
Compliant with AIFMD
An independent depositary function has been installed
Rules and principles governing day-to-day business
Best-in-class system for valuation of assets
‘Four-eyes-principle’ applied to all real estate investments
Transparency and integrity integrated in daily business conduct
Code of conduct
Transparant and open shareholder communication