Maria Molenaar appointed Chair of the Supervisory Board of Altera Vastgoed NV

Real estate investor Altera Vastgoed NV (hereinafter: Altera) announced today that Ms Maria Molenaar has been appointed as the new Chair of Altera’s Supervisory Board. The General Meeting of Shareholders voted in favour of her appointment, which completes the Supervisory Board’s new line-up. The other current members are Ms Roelie van Wijk-Russchen and Mr Heino Vink.

Ms Molenaar has over 30 years of experience as a director and supervisor in real estate, healthcare and various organisations in the private sector and the international business community. For the past 10 years, she headed the Board of Directors of Woonstad Rotterdam.

She brings to her new role a wealth of knowledge and experience that encompasses all aspects of managing and leasing residential real estate in the social and deregulated sector in the Netherlands, in addition to expertise in the field of sustainability and corporate social responsibility.

Maria Molenaar: “Altera is a leading real estate investor with a clear strategy.  Its vision combines responsible returns for a sound pension, among other things, with sustainability in the broadest sense of the word.

The residential fund provides good quality and sustainable homes for middle-income households. The retail fund offers stable returns by investing in the convenience offered by neighbourhood shopping centres and supermarkets. I look forward to using my knowledge and experience to help further Altera’s development and to unite the interests of the shareholders and other stakeholders with that aim.”

Altera’s CEO, Jaap van der Bijl, says: “We are delighted to welcome Maria Molenaar as the new chair of our Supervisory Board. With her background and experience, she brings valuable expertise that will advance the development of Altera together with its shareholders, while building on the cornerstones of our strategy, from performance and sustainability to transparency, quality and efficiency.”

Ms. Molenaar succeeds Mr. Guus Hoefsloot, who has decided that he is not available for a new term after eight years as Chair of the Supervisory Board.

Altera is highly appreciative of the commitment, dedication and personal involvement he brought to the role. During his chairmanship, Altera was able to further develop into a strong organisation that combines solid performance with a leading position in the field of ESG and sustainability. Both the residential and retail funds represent an attractive proposition for institutional investors in the Netherlands and abroad.

Photo: Maria Molenaar

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