12 Management fee
Bouwinvest received a management fee totalling € 55.0 million (2022: € 59.9 million) on the basis of the net asset value.
Bouwinvest delivers real estate services to the following funds and entities (group companies as defined in article 2:24b of the Dutch Civil Code). The total managed capital of the company is shown below.
2023 | 2022 | |
Bouwinvest Dutch Institutional Residential Fund N.V. | 6,913,937 | 7,612,690 |
Bouwinvest Dutch Institutional Retail Fund N.V. | 1,051,302 | 1,055,026 |
Bouwinvest Dutch Institutional Office Fund | 1,139,590 | 1,198,693 |
Bouwinvest Dutch Institutional Hotel Fund N.V. | 368,554 | 372,774 |
Bouwinvest Dutch Institutional Healthcare Fund N.V. | 544,705 | 460,663 |
Dutch Social Impact Real Estate Partnership C.V. | 551 | 0 |
Bouwinvest Development B.V. | 960 | 5,895 |
bpfBOUW (mandates International Investments & Heritage) | 5,159,802 | 5,195,566 |
Total | 15,179,401 | 15,901,309 |
The management fee for the funds is calculated as 0.45% (2022: 0.48%) of the net asset value. For bpfBOUW’s international investments, this amounts to 0.20% of the net asset value.
2023 | 2022 | |
Bouwinvest Dutch Institutional Residential Fund N.V. | 31,560 | 35,740 |
Bouwinvest Dutch Institutional Retail Fund N.V. | 4,622 | 4,541 |
Bouwinvest Dutch Institutional Office Fund | 5,104 | 5,533 |
Bouwinvest Dutch Institutional Hotel Fund N.V. | 1,574 | 1,634 |
Bouwinvest Dutch Institutional Healthcare Fund N.V. | 2,023 | 2,066 |
Bouwinvest Development B.V. | 17 | 215 |
Mandates International Investments | 9,675 | 9,747 |
Other services | 450 | 449 |
Total | 55,025 | 59,925 |