Vesteda is an internally managed fund with in-house property management. At year-end 2016, Vesteda employed a total of 181 FTEs.
In 2016, we decided to combine our three main offices in one head office in Amsterdam. The former head office in Maastricht, the current head office in Amsterdam and the office in the Amsterdam Zuidoost district will be centralised in the new head office in Amsterdam. Vesteda is maintaining its five regional offices and added one more in 2016 for a total of six regional offices. Our new head office will be located on De Boelelaan in Amsterdam Buitenveldert, directly opposite Amsterdam’s Zuidas business district and is located on the first floor of the completely refurbished and recently completed apartment complex De Boel. Vesteda expects to complete the relocation to the new head office after the summer of 2017.
At the same time, we decided to change its organisational and operational structure to create the best possible conditions for the realisation of our strategic targets.
The new organisational structure consists of three core departments: Portfolio Strategy, Acquisitions and Operations. The three directors of these core departments together with the two-person statutory Managing Board form Vesteda’s Management Team.
The Portfolio Strategy department is responsible for the desired portfolio development, monitoring and continuous optimisation of the quality and value growth of the portfolio. The Acquisitions department bears responsibility for the execution of the portfolio strategy through the purchase and sale of residential complexes and portfolios. The Operations department is responsible for the quality of our services, the maintenance of the portfolio, individual unit sales and technical and operational asset management.
New organisational structure