Key macro developments
After the challenging year 2020 and a steep decline in economic activity, the year 2021 showed strong economic recovery overall.
Bouwinvest Real Estate Investors aims to operate on the basis of a healthy balance between risk and return and strives to take risks in a conscious and sustainable manner.
Bouwinvest sees integrity, transparency and corporate social responsibility as important prerequisites to achieving its business objectives.
2 Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied unless otherwise stated.
The Company reassesses whether or not it controls an investee if facts and circumstances indicate that there are changes to one or more of the three elements of control listed above.