Bouwinvest Dutch Institutional Office Fund N.V. (the Office Fund) was established in 2010. Stichting Bedrijfstakpensioenfonds voor de Bouwnijverheid (bpfBOUW, the pension fund for the construction industry) is the Office Fund’s anchor investor. In 2015, Bouwinvest welcomed one new investor to its Office Fund. The Fund has a transparent governance structure, which ensures effective and efficient management, combined with proper checks and balances. Until 4 January 2016, the Fund had a Supervisory Board. The Fund’s governance structure consists of a General Meeting of Shareholders, a Shareholders’ Committee and a Board of Directors.
Fund governance
The Office Fund is governed in a robust framework with systems and processes to manage risks appropriately. Safeguarding the interests of our investors, integrity and transparency play a key role in the Fund’s governance principles:
Independent compliance function
Conflicts of interests policy
‘Checks and balances’ framework with four lines of defence
Robust process management: ISAE 3402 type II certified
AIFMD compliant
Independent depositary appointed
Rules and principles governing day-to-day business
Best-in-class system for valuation of assets
‘4-eyes-principle’ on all real estate investments
Transparency and integrity in daily business conduct
Code of conduct
Shareholder communications