Through Bouwfonds Public Fund Management, Rabo Bouwfonds manages social investment funds active in the areas of nature conservation (Nationaal Groenfonds), listed buildings (Nationaal Restauratiefonds), housing and urban renewal (SVn) and Dutch industrial heritage (BOEi). Rabobank provides these funds with access to staff, real estate expertise, the professional capital market and office facilities on a not-for-profit basis. The funds operate under their own names and are responsible for managing their own operations, in close consultation with government agencies. Bouwfonds Public Fund Management acts to support the objectives of these funds. The funds have not only been successful in achieving their objectives in their own areas of activity, they have also achieved their financial objectives. This is reflected in the financial results achieved by the funds, which came to a total of 17 million euro in 2007 (2006: 12 million euro), which has been added the funds' assets to be used for the stated objectives.
Note: More detailed information on the level of sustainability in the property development and financing portfolio will be provided in next year's report (information compiled in conjunction with GPR).
Fund management via Rabo Bouwfonds