Board of Directors

Composition

The Board currently consists of 7 directors: 6 non-executive directors and one executive director (CEO).

Liévin Van Overstraeten

Chairman, director (representative of the Van Overstraeten group)

Holds a degree in law (KUL 1982) and a “PUB” degree in management (Vlerick 1983). He has extensive experience in leading and managing companies, in particular, real estate companies, sports centres and in the wood-processing industry, in Belgium and in Romania.
He is the CEO of VOP NV / VOP SA and a Director of Immovo SA, Sippelberg SA, Rolem Belgium SA, Cocky SA, Stichting Administratiekantoor Stavos, Stavos Luxembourg SA, Burgerlijke Maatschap Van Overstraeten, Burgerlijke Maatschap BMVO 2014.

Eric Spiessens

Vice-Chairman, independent director

Holds a degree in Sociology (KU Leuven), a teaching qualification for secondary education and is an engineer in Social Sciences (KU Leuven). He has held various management positions, among others in the ARCO group.
He is a member of the Board of Directors of GIMV NV and Auxipar NV. He is a Director of Auxipar NV, VEH CVBA, Publigas CVBA, Aspiravi NV, NV, EPC CVBA, Sint-Jozefskredietmaatschappij NV, Livingstones CVBA.

Sven Janssens

CEO, executive manager

Sven Janssens has studied architecture. After gaining experience as an architect and project manager he dedicated his further career to property management as from 2003, for Trevi Services SA. In 2006, he joined Leasinvest Real Estate and took up the function of Head of Property Management. Since 2016, he was the Chief Operating Officer of the same company.

Wim Aurousseau

Director (representing the shareholder AXA)

Holds a degree in applied economics and finance (UA) and Financial Analyst (ICHEC). He has vast experience in the management of property and companies, in the banking and insurance sector in Belgium.
He currently is the Chief Investment Officer of AXA Belgium.

Koen Dejonckheere

Independent director

Holds a degree in Civil Engineering (Ghent) and an MBA (IEFSI-ECHEC, Lille-France). Delta VZW (Hospital Group), Roularta NV/SA, Enternext SA, Belgian Venturing Association vzw/asbl, Biotechfonds Vlaanderen NV/GIMV Arkiv Technology Fund NV/Voka-VEV. He is also a member of the Executive management of VBO/FEB.

Johan Van Overstraeten

Director (representative of the Van Overstraeten group)

Has a broad experience managing companies, more specifically in property development. He is a Director of VOP SA, Immovo SA, Sippelberg SA, Rolem Belgium SA, Cocky SA, Stavos Luxembourg SA (G.D. of Luxembourg), Stichting Administratiekantoor Stavos NV (the Netherlands), Burgerlijke Maatschap Van Overstraeten, Burgerlijke Maatschap BMVO 2014 and is a CEO of Home Invest Development in his capacity of permanent representative of Cocky SA.

Suzy Denys

Independent director

Suzy Denys holds a degree in law. She began her career as a lawyer. She then moved to Redevco, where she held various positions from 2005 to 2016 (Real Estate Manager, Head of Legal, Legal and Transactions, Director of Investments). Since 2017, she has been General Manager and Chief Investment Officer at Codabel.

Hélène Bostoen

Independent director

Hélène Bostoen holds an MBA (Insead) and a master’s degree in commercial engineering. She began her career in the financial sector (United States). Since 2005, she has been active in residential real estate development. She is also co-chair of the Residential Real Estate Commission of the UPSI (Professional Association of the Real Estate Sector)

Christel Gijsbrechts

Independent director

Christel Gijsbrechts holds a Masters degree in Applied Economics and has many years of experience in corporate finance. She began her career in the world of banking and insurance. Since 2013, it supports companies in the broadest sense of the term.

Competences

The Board of directors of Home Invest Belgium determines the company’s strategy and takes final decisions as regards investments and divestments.
It prepares the half-year and annual accounts of Home Invest Belgium, as well as the Annual financial report, which is drawn up with a view to the General meeting of shareholders, the half-year financial report, as well as the interim statements.
It approves merger reports, decides on the use of the authorised capital and convenes Ordinary and Extraordinary general meetings of the shareholders.
It ensures the precision, accuracy and transparency of the communications addressed to the shareholders, financial analysts and to the public, in the form of prospectuses, annual and half-year reports, interim and occasional press releases, and updates to the website www.homeinvestbelgium.be.

It delegates day-to-day business to management, which reports back to it on a regular basis on its management, and submits to it an annual budget, as well as a quarterly statement.

Committees

  • Investment committee

    The investment committee, is comprised of the following people:

    • Johan Van Overstraeten, chairman, director, representative of the Van Overstraeten group;
    • Alain Verheulpen, representative of AXA Belgium group;
    • Sven Janssens, CEO;
    • Hélène Bostoen, independent director;
    • Suzy Denys, independent director.

    It is the body that selects, analyses and prepares investment files, although the final approval of these files is entrusted to the Board of directors.

  • Audit committee

    Although Home Invest Belgium satisfies two of the three exclusion criteria reproduced in article 526 bis §3 of the Company Law1 and is therefore not required to set up such a Committee, the RREC’s Board of directors decided to set up an Audit Committee.

    It is chaired by Mr. Eric Spiessens, Independent director, and is composed of:

    • Wim Aurousseau, director, representative AXA Belgium;
    • Eric Spiessens, independent director;
    • Christel Gijsbrechts, independent director.

    It meets at least four times a year and whenever it deems this necessary in order to perform its duties.
    It is authorized to decide on the following matters:

    • Financial reporting: follow-up of the integrity and accuracy of the figures and the relevancy of the accounting standards applied;
    • Internal control and risk management: assessment of the internal control systems and risk management;
    • Internal audit process: assessment of the benefit of creating an internal audit function;
    • External audit process: recommendations with regard to the appointment or renewal of the mandate of the Auditor and his remuneration.
  • Appointment and remuneration committee

    This committee is composed of:

    • Eric Spiessens, Independent director;
    • Liévin Van Overstraeten, director;
    • Suzy Denys, independent director.

    Home Invest Belgium wanted to combine the remuneration and appointment functions in a single committee, in accordance with the rules of conduct contained in the Belgian Corporate Governance Code (2009 edition).

  • Projects Committee

    On the 28th of June 2017, Home Invest Belgium absorbed its subsidiary Home Invest Development whose teams were more specifically tasked with monitoring the portfolio development and renovation projects. In order to ensure the monitoring of the specific risks linked to such projects, the Board of Directors set up a Project Committee. The members are:

    • Mr Johan Van Overstraeten
    • Mr Alain Verheulpen
    • Mr Sven Janssens
    • Ms Hélène Bostoen