7 Income from Property Management
in € million |
|
2017 |
|
2018 |
|
|
|
|
|
|
|
|
1,672.1 |
|
1,897.8 |
|
|
Ancillary costs |
|
671.9 |
|
750.1 |
|
Income from property letting |
|
2,344.0 |
|
2,647.9 |
|
Other income from property management |
|
47.6 |
|
60.3 |
|
|
|
2,391.6 |
|
2,708.2 |
|
|
|
|
|
|
|
Rental Income
Rental income refers to the current gross income for rented units as agreed in the corresponding lease agreements before the deduction of non-transferable ancillary costs. The rental income from the Austrian real estate portfolio also includes maintenance and improvement contributions (EVB). The rental income from the Swedish real estate portfolio shows inclusive rents, meaning that the rental amounts include operating and heating costs.