6 Gross rental income and service charge income 20182017Theoretical rent213,376197,895Incentives(928)(1,073)Vacancies(5,354)(4,358)Total gross rental income207,094192,464The Fund leases its property investments in the form of non-cancellable operating leases. The nature of the theoretical rent has an indefinite duration because there are no fixed contract periods.Service charge income amounted to € 5.5 million (2017: € 4.9 million) receivable from tenants for the services utilities, caretakers, etc. when the Fund acts as a principal. Share this article