6 Gross rental income and service charge income 20172016Theoretical rent197,895180,677Incentives(1,073)(1,042)Vacancies(4,358)(4,128)Total gross rental income192,464175,507The 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 € 4.9 million (2016: € 4.4 million) receivable from tenants for the services utilities, caretakers, etc. when the Fund acts as a principal. Share this article