Vesteda is an internally managed fund with in-house property management. At year-end 2019, Vesteda employed a total of 194 FTEs.
In 2019, we continued to prepare ourselves for the launch of the new ERP system, scheduled to go live mid-2020. As part of these preparations, we allocated a number of Vesteda staff to this project and hired interim staff to ensure the continuity of day-to-day operations.
Our organisational structure consists of the Portfolio Strategy, Acquisitions and Operations departments and several staff departments and functions. The Acquisitions and Operations departments are led by the two directors of these core departments, who form Vesteda’s Management Team. The Portfolio Strategy department was led in 2019 by the CEO. The Vesteda Management Board consists of Gertjan van der Baan (CEO) and Frits Vervoort (CFO).
Our Portfolio Strategy department is responsible for the desired portfolio development, monitoring and continuous optimisation of the quality and value growth of our portfolio. Our Acquisitions department is responsible for the execution of the portfolio strategy through the purchase and sale of residential complexes and portfolios. Our Operations department is responsible for the quality of our services, the maintenance of our portfolio, individual unit sales and technical and operational asset management.