7 Property operating expenses 20192018Taxes1,8281,859Insurance182166Maintenance2,0051,441Valuation fees142167Property management fees974935Promotion and marketing312493Letting and lease renewal fees999961Other operating expenses1,4601,590Addition to provision for bad debts519446Total property operating expenses8,4218,058In 2019, € 0.3 million (2018: € 0.2 million) of the maintenance expenses related to unlet properties. Share this article