4.2 Real estate expenses
As in the previous year, the real estate expenses directly attributable to the investment properties correspond to 3.9% (previous year: 3.8%) of the rental income.
While non-recoverable service charges in 2021/22 were positively impacted by non-period one-off effects amounting to CHF 33k, the same one-off effects showed a negative impact to the same extent in fiscal year 2022/23. As a result, the non-recoverable service charges were CHF 55k higher than in the previous year.