Skip to website navigation Skip to article navigation Skip to content

Financial statements

A page refresh occures when a subject is selected.

Skip article navigation.

6 Gross rental income and service charge income

 

2023

2022

Theoretical rent

294,163

276,209

Incentives

(774)

(608)

Vacancies

(3,412)

(4,369)

Total gross rental income

289,977

271,232

The Fund leases its property investments in the form of non-cancellable operating leases. The nature of the theoretical rent has an indefinite duration because there are no fixed contract periods. Service charge income amounted to € 10.1 million (2022: € 7.6 million) receivable from tenants for the services utilities, caretakers, etc. when the Fund acts as a principal.