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7 Property operating expenses

 

2017

2016

Taxes

1,872

1,315

Insurance

163

164

Maintenance

1,428

1,738

Valuation fees

159

85

Property management fees

898

811

Promotion and marketing

273

195

Letting and lease renewal fees

686

498

Other operating expenses

1,375

1,221

Addition to provision for bad debts

40

544

Total property operating expenses

6,894

6,571

In 2017, € 0.1 million (2016: € 0.2 million) of the maintenance expenses related to unlet properties.

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