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Financial statements

7 Property operating expenses

	2019	2018
Taxes	1,326	1,980
Insurance	230	182
Maintenance	4,770	4,534
Valuation fees	124	73
Property management fees	895	1,083
Letting and lease renewal fees	2,072	2,755
Other operating expenses	3,658	4,459
Addition to provision for bad debts	132	(26)
Total property operating expenses	13,207	15,040

In 2019, € 0.8 million (2018: € 0.1 million) of the maintenance expenses related to unlet properties.