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Investments in quality and sustainability
We actively pursue and execute opportunities to create value in existing assets. We do this through renovations and measures to improve the quality and sustainability.
The total theoretical rent stood at €376 million at year-end 2022, an increase of €14 million compared with year-end 2021.
Vesteda has a well-diversified fully 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).
Our goal is to provide our participants with an attractive risk-return, transparency and 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.
Notes to the results
The total theoretical rent increased by €9 million to €369 million in 2022. The average monthly rent (residential) increased to €1,081 at year-end 2022, from €1,042 at year-end 2021.
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