The other payables relate to invoices yet to be received for maintenance of and investments in the portfolio.

In 2019, the Fund paid out a dividend of € 49.65 per share (2018: € 52.98) which amounts to a total of € 16.7 million (2018: € 16.2 million).

As at 31 December 2019, the Fund had unprovisioned contractual obligations for future repairs and maintenance of € 1.5 million (2018: € 1.2 million).

The Office Fund’s subsidiaries and members of the Supervisory Board and Executive Board of Directors of Bouwinvest and the other entities under management by Bouwinvest, qualify as related parties of the Office Fund.

Bouwinvest is the manager and the Statutory Director of the Fund. The management fee paid for the year 2019 amounted to € 4.4 million (2018: € 3.4 million).

The table below shows the fees charged over the year 2019 by Deloitte Accountants B.V. and the Deloitte Network in respect of activities for the Office Fund.

As of January 2020, one Dutch pension fund and one Dutch insurance company committed for a total of € 47.3 million.

Before appropriation of result, all amounts in € thousands

All amounts in € thousands, unless otherwise stated