diff --git a/src/actions/vstudio/vs2010_vcxproj.lua b/src/actions/vstudio/vs2010_vcxproj.lua
index ab0d6e7b..f4465216 100644
--- a/src/actions/vstudio/vs2010_vcxproj.lua
+++ b/src/actions/vstudio/vs2010_vcxproj.lua
@@ -822,9 +822,20 @@
 --
 
 	m.elements.projectReferences = function(prj, ref)
-		return {
-			m.projectReferenceProject,
-		}
+		if prj.flags.Managed then
+			return {
+				m.referenceProject,
+				m.referencePrivate,
+				m.referenceOutputAssembly,
+				m.referenceCopyLocalSatelliteAssemblies,
+				m.referenceLinkLibraryDependencies,
+				m.referenceUseLibraryDependences,
+			}
+		else
+			return {
+				m.referenceProject,
+			}
+		end
 	end
 
 	function m.projectReferences(prj)
@@ -1391,11 +1402,6 @@
 	end
 
 
-	function m.projectReferenceProject(prj, ref)
-		p.w('<Project>{%s}</Project>', ref.uuid)
-	end
-
-
 	function m.propertyGroup(cfg, label)
 		local cond
 		if cfg then
@@ -1418,7 +1424,6 @@
 	end
 
 
-
 	function m.propertySheetGroup(prj)
 		for cfg in project.eachconfig(prj) do
 			m.propertySheets(cfg)
@@ -1426,6 +1431,35 @@
 	end
 
 
+	function m.referenceCopyLocalSatelliteAssemblies(prj, ref)
+		p.w('<CopyLocalSatelliteAssemblies>false</CopyLocalSatelliteAssemblies>')
+	end
+
+
+	function m.referenceLinkLibraryDependencies(prj, ref)
+		p.w('<LinkLibraryDependencies>true</LinkLibraryDependencies>')
+	end
+
+
+	function m.referenceOutputAssembly(prj, ref)
+		p.w('<ReferenceOutputAssembly>true</ReferenceOutputAssembly>')
+	end
+
+
+	function m.referencePrivate(prj, ref)
+		p.w('<Private>true</Private>')
+	end
+
+
+	function m.referenceProject(prj, ref)
+		p.w('<Project>{%s}</Project>', ref.uuid)
+	end
+
+
+	function m.referenceUseLibraryDependences(prj, ref)
+		p.w('<UseLibraryDependencyInputs>false</UseLibraryDependencyInputs>')
+	end
+
 
 	function m.resourceAdditionalIncludeDirectories(cfg)
 		m.additionalIncludeDirectories(cfg, table.join(cfg.includedirs, cfg.resincludedirs))
diff --git a/tests/actions/vstudio/vc2010/test_project_refs.lua b/tests/actions/vstudio/vc2010/test_project_refs.lua
index 93e9ba8b..39e195e7 100644
--- a/tests/actions/vstudio/vc2010/test_project_refs.lua
+++ b/tests/actions/vstudio/vc2010/test_project_refs.lua
@@ -75,3 +75,25 @@
 		]]
 	end
 
+
+--
+-- Managed C++ projects write out references a little differently.
+--
+
+	function suite.referencesAreRelative_onDifferentProjectLocation()
+		links { "MyProject" }
+		flags { "Managed" }
+		prepare()
+		test.capture [[
+<ItemGroup>
+	<ProjectReference Include="MyProject.vcxproj">
+		<Project>{00112233-4455-6677-8888-99AABBCCDDEE}</Project>
+		<Private>true</Private>
+		<ReferenceOutputAssembly>true</ReferenceOutputAssembly>
+		<CopyLocalSatelliteAssemblies>false</CopyLocalSatelliteAssemblies>
+		<LinkLibraryDependencies>true</LinkLibraryDependencies>
+		<UseLibraryDependencyInputs>false</UseLibraryDependencyInputs>
+	</ProjectReference>
+</ItemGroup>
+		]]
+	end