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12 Management fee

Bouwinvest received a management fee totalling € 46.1 million in 2019 (2018: € 38.5 million), consisting of € 45.2 million (2018: € 38.3 million) based on the invested capital.

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Subsequent events

During the completion of this annual report, the world was confronted with the outbreak of the coronavirus (COVID-19).

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