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32. Contingencies and commitments

The total liabilities for obligations entered into for construction contracts, rental and lease instalments stood at €354 million at year-end (2021: €319 million). Rental and lease instalment liabilities are accounted for under Lease liabilities. Vesteda has not provided security for these liabilities. The liabilities can be specified as follows:


Construction contracts

Due within 1 year


Due between 1 and 5 years




As part of the provisions in Note 24 are applicable to the future investment portfolio, the liabilities have also been adapted for the commitments related to the future investment portfolio.