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8 Administrative expenses

 

2017

2016

Management fee Bouwinvest

21,352

17,179

Audit fees

35

33

Marketing fees

113

106

Other administrative expenses

1,159

685

Legal fees

41

13

Total administrative expenses

22,700

18,016

Where administrative expenses relate directly to the operation of the property portfolio, they are charged to operating expenses. Where administrative expenses relate directly to the development of the property portfolio, they are capitalised.

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