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7 Property operating expenses

 

2018

2017

Taxes

1,859

1,872

Insurance

166

163

Maintenance

1,441

1,428

Valuation fees

167

159

Property management fees

935

898

Promotion and marketing

493

273

Letting and lease renewal fees

961

686

Other operating expenses

1,590

1,375

Addition to provision for bad debts

446

40

Total property operating expenses

8,058

6,894

In 2018, € 0.2 million (2017: € 0.2 million) of the maintenance expenses related to unlet properties.

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