Ambitions and outlook
The integration of the various real estate activities will be completed in 2008, enabling the
business to benefit further from the existing opportunities for synergy. In the areas of
housing development and mortgage sales, Rabo Bouwfonds will work more closely with the
local Rabobanks. For the distribution of real estate funds, the Investment Management
division likewise intends to work more closely with the local Rabobanks. The collaboration
with Rabobank Group will be intensified in the other areas as well.
Rabo Bouwfonds' foreign strategy was refocused in 2007 and will be finalised in 2008. It is
the ambition of Rabo Bouwfonds to achieve prominent positions with all its activities in the
Netherlands and in a number of European countries, especially France and Germany. In line
with the selective expansion of the position in Europe, a greater part of income should be
from abroad in 2008.
Bouwfonds Asset Management intends to grow further, both nationally and
internationally, by rolling out existing and new real estate investment product lines and by
establishing investment management branches in new countries.
72
Rabobank Group Annual Report 2007
