This website uses cookies to remember your personal preferences and gather statistics. Click here for more information about cookies.

Financial statements

7 Property operating expenses

	2016	2015
Taxes	1,591	1,691
Insurance	80	211
Maintenance	3,530	3,640
Valuation fees	55	102
Property management fees	904	1,247
Letting and lease renewal fees	3,288	2,603
Other operating expenses	3,602	3,257
Addition to provision for bad debts	275	312
Total property operating expenses	13,325	13,063

In 2016, € 0.2 million (2015: € 0.2 million) of the maintenance expenses related to unlet properties.