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Report of the Board of Directors

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Market developments 2017

The global economy continued its growth last year and in the early part of 2018. This growth is being driven by improved business and consumer confidence, stronger industrial production and growing employment and trade.

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Financial performance

Net income came in at € 4.7 million in 2017, compared with € 2.6 million in 2016. The operating income of € 4.8 million was € 2.3 million higher than in 2016.

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Outlook

Bouwinvest constantly follows the most significant trends in its relevant markets. The real estate sector is affected by a number of trends, such as global population growth, ongoing urbanisation and the growing importance of sustainability.

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