The Office Fund’s subsidiairies and members of the Supervisory Board and Board of Bouwinvest and the other entities under management by Bouwinvest, qualify as related parties of the Office Fund. The Fund paid Bouwinvest a € 2.8 million fee in 2017 (2016: € 2.7 million). bpfBOUW and the subsidiaries and investments held by bpfBOUW are also deemed related parties.
BpfBOUW and the subsidiaries and investments held by bpfBOUW are also deemed related parties.
Members of the Supervisory Board and Board of Directors of Bouwinvest do not have any material interest in the Fund’s voting shares and do not have options on shares. The Fund has not granted any loans to the members of the Bouwinvest Supervisory Board and Board of Directors.
The members of the Bouwinvest Supervisory Board and Board of Directors held no personal interest in the Fund’s investments in 2017.
Bouwinvest Office Development B.V. (re)develops part of the investment property for the Fund. In 2017, € 10.2 million (2016: € 2.4 million) was paid to Bouwinvest Office Development B.V. with regard to the projects Building 1931 and Building 1962 (Amsterdam).