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Enclosure

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Megatrends

In the ‘Market environment’ chapter, we describe the Fund-specific trends. In this appendix, we discuss a number of megatrends that are affecting and will continue to affect markets at national, European and global levels.

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Management company profile

Bouwinvest Real Estate Investors B.V. (Bouwinvest) is one of the largest Dutch institutional real estate investment managers. Bouwinvest strives to achieve risk-adjusted returns on behalf of its pension fund clients.

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Glossary

The proportion of construction sites controlled by the reporting company which are registered under the Dutch considerate construction scheme ‘Bewuste Bouwers’ in a reporting year, weighted by purchase price.

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Governance matrix

The rights of the General Meetings of Shareholders and the Shareholders' Committee are shown in the Governance Matrix.

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