We expect most real estate markets to continue to recover in 2015 and beyond, and we are generally positive on the outlook for the growth of returns from our assets under management.

Bouwinvest believes it has a responsibility to make sure its investments meet sustainability criteria and that we operate in a responsible and ethical manner.

Bouwinvest has divided its CSR mission and activities into three pillars:

In 2014, Bouwinvest took a number of significant steps to further integrate corporate social responsibility into its day-to-day business and refined the pillars of its CSR strategy.

Following the organisational changes at Bouwinvest in 2013, Human Resources Management (HRM) focused on refining and enhancing the organisation in 2014, with a clear focus on increasing efficiency and encouraging more cooperation and knowledge

Bouwinvest recognises the importance of a solid risk management framework. The aim of the framework is to identify and mitigate risks, making it possible for the company to achieve its goals more effectively.

Bouwinvest has chosen the globally recognised COSO framework as the basis for its own risk management.

In 2014, Bouwinvest recognised the following management risks:

The Investment Committee (IC) is an important advisory body for the Board of Directors in terms of risk management.