21 Contingent liabilities and assets

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 total future commitments as at 31 December 2019 amounted to € 133 million (2018: € 224 million). The commitments relate to the acquisition of Central Park (Utrecht) and Hourglass (Amsterdam).

The Fund has a contractual agreement with Bouwinvest for an indefinite period in which it has to pay a management fee, based on the net asset value. The notice period is two years.