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8 Administrative expenses

 

2019

2018

Management fee Bouwinvest

30,253

25,766

Audit fees

39

37

Marketing fees

325

285

Other administrative expenses

1,408

1,709

Legal fees

210

15

Total administrative expenses

32,235

27,812

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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