Contingent rights and liabilities Contingent rightsBouwinvest has management agreements with the funds for an indefinite period with a two-year notice period, as well as a mandate with bpfBOUW regarding the International portfolios for an indefinite period with a five-year notice period. The management fee is calculated on the basis of net asset value and this is expected to be approximately € 38 million for the year 2019.Contingent liabilitiesThis pertains to rental and lease agreements and costs related to the renovation of the maincourt building: 20182017First year5,1621,746Second to fifth year5,4085,334More than five years8,8268,774Total19,39615,854 Share this article