20 Contingent liabilities and assets
As at 31 December 2023, the Fund’s total future investment liabilities amounted to € 13 million (2022: € 14.7 million) related to the acquisition of shopping centre Groote Wielen.
21 Related parties
The Retail Fund’s subsidiaries and members of the Supervisory Board and the Management Board of Bouwinvest and the other entities under management by Bouwinvest, qualify as related parties of the Retail Fund.
22 Management fee
Bouwinvest is the manager and the Statutory Director of the Fund. The management fee paid for the year 2023 amounted to € 4.8 million (2022: € 4.9 million).
23 Audit fees
The table below shows the fees charged over the year 2023 by Deloitte Accountants B.V. and the Deloitte Network in respect of activities for the Retail Fund.
24 Subsequent events
No subsequent events occured after the end of the reporting period.