Skip to website navigation Skip to article navigation Skip to content

At home with Vesteda

Foreword by the Management Board

Dear stakeholders,

We are pleased to present to you our 2021 annual report, in which we account for our financial and non-financial performance.

COVID-19 pandemic

The COVID-19 pandemic continued to have an impact on Vesteda and our stakeholders in 2021. As in the previous year, our staff worked from home most of the time and travel and face-to-face meetings were limited, except during the summer. We maintained close communications with our stakeholders and we learned from our tenants by asking for their feedback through our surveys. We felt the impact from the pandemic, but also saw how resilient and flexible we are as an organisation. We could continue our business operations and processes, almost as usual.

Read more

Our portfolio

By type of residential unit
Number of residential units 27,570
By rental segment
Investment portfolio value €9.5 bln
By region
Occupancy rate 98.8%
By energy labels
Gross rental income €347 mln

Pipeline

Waterburcht – Helmond
De Grote Beer – Rotterdam
CZAN Singelblok- Amsterdam

Additions to the portfolio

Punt Sniep Diemen
Tromppark Dordrecht
Zuidpoort Veenendaal

Facts and figures

Tenant satisfaction
7.0

Ambition to become the best landlord in the Netherlands

Pipeline
€534 mln

1,404 units in pipeline

Total expense ratio
29 bps

Internally managed fund with efficient cost structure

Leverage
20.5 %

Average interest rate: 1.8% Solid funding structure

Credit rating
A -

Rated by Standard & Poor's Attractive risk profile

Sustainability
★★★★★

5 stars GRESB rating #4 ranking

Committed to remaining a top player in the field of sustainability