6 Gross rental income and service charge income 20192018Theoretical rent235,529213,376Incentives(687)(928)Vacancies(4,934)(5,354)Total gross rental income229,908207,094The Fund leases its property investments in the form of non-cancellable operating leases. The nature of the theoretical rent has an indefinite duration because there are no fixed contract periods.Service charge income amounted to € 6.3 million (2018: € 5.5 million) receivable from tenants for the services utilities, caretakers, etc. when the Fund acts as a principal. Share this article