Funding
Vesteda has a diversified unsecured funding structure, consisting of a combination of bank debt, Euro Commercial Paper (ECP), private placements, public bonds, and financing from the European Investment Bank (EIB).
Participants
Our goal is to provide our participants with an attractive risk-return, transparency and a high level of service. Participant satisfaction is one of our key performance indicators and has been stable at a high level over the past few years.
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 legal and regulatory requirements safeguard Vesteda’s reputation and the reputation of the industry we operate in.
Remuneration report
Total remuneration amounted to €17.3 million (99% fixed and 1% variable) in 2024, which was lower than the previous year (€18.7 million).
Report of the Supervisory Committee
In 2024, Vesteda's operational performance remained strong and continued to improve.
Risk management
Risk management is integrated in Vesteda’s strategic and operational processes.
General information
Vesteda is a mutual fund for the joint account of the participants. Investors may join the fund by taking an interest in the fund. The fund is transparent for tax purposes.
Members of the Management Board
The Management Board has a 50%-50% female/male ratio and consists of Astrid Schlüter (CEO) and Frits Vervoort (CFO).
Members of the Management Team
Renée Verhulst joined Vesteda on 1 May 2022 and was appointed as HR Director. Before joining Vesteda, she worked as Head of HR at Van Dorp, a leading technical services provider.