7 Property operating expenses

 20142013
Taxes1,173775
Insurance152158
Maintenance3,1183,242
Valuation fees67116
Property management fees1,017947
Letting and lease renewal fees1,151634
Other operating expenses2,4211,541
Addition to provision for bad debts829
Total property operating expenses9,1077,442
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In 2014, € 0.2 million (2013: € 0.2 million) of the maintenance expenses related to unlet properties.

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