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8 Administrative expenses

 

2015

2014

Management fee Bouwinvest

3,077

2,317

Audit fees

29

23

Other administrative expenses

99

121

Legal fees

3

33

Other Fund expenses

13

32

Total administrative expenses

3,221

2,526

Where administrative expenses relate directly to the operation of the property portfolio, they are charged to operating expenses. Where administrative expenses relate directly to the development of the property portfolio, they are capitalised.

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