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7 Property operating expenses

 

2016

2015

Taxes

1,591

1,691

Insurance

80

211

Maintenance

3,530

3,640

Valuation fees

55

102

Property management fees

904

1,247

Letting and lease renewal fees

3,288

2,603

Other operating expenses

3,602

3,257

Addition to provision for bad debts

275

312

Total property operating expenses

13,325

13,063

In 2016, € 0.2 million (2015: € 0.2 million) of the maintenance expenses related to unlet properties.

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