The members of the Board of Representatives are all elected for a 4 -year period. The Board of Representatives consists of 109 members.
The make-up of the Board of Representatives reflects a range of different considerations which have been taken into account with regard to Realdania’s many different interests – geographic interests in relation to the broad range of members, professional interests in relation to professional networks, and special interests not directly affiliated with Realdania, but however possessing insight and knowledge important to foundation activities.
Realdania is managed in accordance with the practice of good governance in corporations with comprehensive investment activities. The legal basis for operations builds on special provisions in Danish legislation pertaining to financial operations. The Supervisory Board is charged with the general management, through the appointment of a board of directors, in addition to approving the strategies and general direction for daily administration of Realdania by the board of directors’.
The Supervisory Board is responsible for decisions regarding the distribution of major grants and investments along with discussing fundamental questions with the management. The statutes for the Supervisory Board’s work are outlined in the rules of procedure, which also describe the management’s areas of competence and its interaction with the Supervisory Board.