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Financial statements

7 Property operating expenses

 

2015

2014

Taxes

1,691

1,173

Insurance

211

152

Maintenance

3,640

3,118

Valuation fees

102

67

Property management fees

1,247

1,017

Letting and lease renewal fees

2,603

1,151

Other operating expenses

3,257

2,421

Addition to provision for bad debts

312

8

Total property operating expenses

13,063

9,107

In 2015, € 0.2 million (2014: € 0.2 million) of the maintenance expenses related to unlet properties.

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