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Financial statements

7 Property operating expenses

 

2015

2014

Taxes

1,342

1,162

Insurance

115

80

Maintenance

946

751

Valuation fees

142

166

Property management fees

775

715

Promotion and marketing

212

165

Letting and lease renewal fees

482

296

Other operating expenses

857

949

Addition to provision for bad debts

198

347

Total property operating expenses

5,069

4,631

In 2015, € 0.1 million (2014: € 0.2 million) of the maintenance expenses related to unlet properties.

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