The right of use of land is included as an integrated part of the investment property under construction.

The bank balances of € 73.7 million are freely available to the Fund as at 31 December 2019.

For 2019, before appropriation of result

The average discount rate used for discounting the lease payments is 3%.

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.