Annual report 2013
VVO's business comprises ownership and rental of apartments and residential properties.
VVO's operates both on privately financed and state-subsidised housing markets. The business is divided between market-led and cost principle rentals. The special features of these different finance methods have been taken into account in VVO's operating models.
The management and rental of the apartments is taken care of by our own, dedicated personnel. Our operative business structure has been divided into three functions: Customers, Investments and Property Development.
The Customers function is responsible for the management and development of VVO's rental business, customer satisfaction and cost efficiencies in customer management. The Customers function determines rents, controls the building management and rental operations and guides the cooperation with residents through the VVO Home Centre network.
The Investments function prepares, manages and executes corporate investments and divestments. It is also responsible for the corporate structure and company management.
The Property Development function manages the development of VVO's properties, both with regard to new construction and renovation, and, through long-term maintenance planning and identification of repair needs, the management of the technical life cycle of properties. It also covers property maintenance and site reservations.
|Market rent 24,799||24,799|
|Cost-price rent 15,395||15,395|