Environmental

Vesteda constantly aims to improve our sustainability performance, which helps us safeguard the attractiveness of the fund and optimise our long-term risk/return ratio.

Social

Our goal is to be the best residential landlord in the Netherlands. Therefore we gather tenant feedback and have made it our goal to make sure our tenants feel at home with Vesteda.

Governance

Applying good governance benefits all stakeholders, helps to mitigate risks and safeguards Vesteda’s reputation.

Regulation and disclosures

Vesteda is required to provide disclosures under Regulation (EU) 2019/2088 (the EU Sustainable Finance Disclosure Regulation, or SFDR).

Compliance and integrity

Compliance and integrity are closely related. Both acting with integrity and complying with applicable rules and regulations safeguard Vesteda’s reputation and the reputation of the industry we operate in.

Structure

Vesteda is an internally managed fund with in-house property management. The organisational structure consists of the Portfolio Strategy, Acquisitions & Development and Operations departments, as well as several staff departments and functions.

Workforce

Our journey to become a High Performance Organisation (HPO) continued in 2023. The following chart shows the scores from our bi-yearly surveys and the target of 8.5.

Outlook for 2024

The Dutch residential investment market is expected to bottom out in 2024, with a slight increase in transaction volumes and a moderate increase in prices (source: CBRE).

Management agenda for 2024

We will continue with our strategy of investing in affordable mid-rental and sustainable homes in core regions in the Netherlands, offering a low-risk and high-quality portfolio with an above-average value growth potential.