7 Property operating expenses 20152014Taxes1,6911,173Insurance211152Maintenance3,6403,118Valuation fees10267Property management fees1,2471,017Letting and lease renewal fees2,6031,151Other operating expenses3,2572,421Addition to provision for bad debts3128Total property operating expenses13,0639,107In 2015, € 0.2 million (2014: € 0.2 million) of the maintenance expenses related to unlet properties. Share this article