3 – Property operating expenses*
| (€ million) |
2008** |
2007 |
| Taxes |
6.6 |
|
5.2 |
|
| Insurance |
0.8 |
|
0.8 |
|
| Maintenance |
4.0 |
|
3.9 |
|
| Property managers’ fees |
10.5 |
|
9.0 |
|
| Professional fees |
2.4 |
|
3.1 |
|
| Promotion and marketing |
2.4 |
|
1.5 |
|
| Lease hold |
7.1 |
|
5.4 |
|
| Other operating expenses |
2.9 |
|
3.6 |
|
| Addition to provision for bad debts |
2 |
|
0.6 |
|
|
|
38.7 |
|
33.1 |
Taxes relates to municipal taxes.
Source: Annual Report 2008, Chapter Financial Statements, page 162 (PDF, 179 kB)
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