Thank you for standing by, and welcome to the Australian Unity Office Fund full year 2022 results call. All participants are in listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press star one on your telephone keypad and enter the queue. I would now like to hand over the conference to Ms. Nikki Panagopoulos. Thank you, Lachlan. Good morning, everyone. Thank you for joining us, and welcome to financial year 2022 full year results announcement for the Australian Unity Office Fund. My name is Nikki Panagopoulos, and I'm the Fund Manager for AOF. I am joined by Simon Beake, the Portfolio Manager for AOF. Earlier today, we published various documents on the ASX, including the final report for the full year end of 30 June 2022, Appendix 4E, AOF property book, and the investor presentation, which we will go through this morning. Following this presentation, we will have time for Q&A. Let's turn to slide two. Before we start, I would like to take this opportunity to acknowledge the traditional owners of the lands and waters within Australia and recognize the important connection to country and Aboriginal and Torres Strait Islander people have, and pay my respects to elders past, present, and emerging. I come to you today from the Wurundjeri land here in Melbourne. Now let's turn to slide three. Today, I will provide you with the portfolio highlights for the 2022 financial year, update you with financial results, provide a portfolio overview, and provide guidance and outlook. Now let's turn to slide four. It is pleasing to advise that AOF had a successful year, with funds from operations above guidance of AUD 0.18-AUD 0.185 per unit, at AUD 0.188 per unit, driven by active management with strong leasing outcomes and the number of properties. Over 14,000 sq m of new leasing was completed for the full year, representing 15.4% of the portfolio's net lettable area and was largely driven by small to medium enterprise tenants looking for affordable co-accommodation with good amenity and easily accessible by car and public transport for staff convenience. Occupancy at 30 June 2022 was 84.4% as a result of the main tenant at 10 Valentine Avenue, Parramatta, vacating the majority of the property at lease expiry on 30 June 2022. Total distributions of AUD 0.152 per unit were declared for the full year 2022, equating to an 81% payout ratio. We successfully sold and settled 32 Phillips Street, Parramatta in December 2021 for AUD 66 million, approximately 5% above the prior independent valuation. The fund investigated a number of strategic initiatives during the year, which has resulted in the refined strategy and reshaping the portfolio to continue to drive active management and deliver value outcomes for unit holders. I will provide further information on AOF's continued focus in the coming slides. Let's now turn to slide five. The fund's refined strategy provides an opportunity to deliver value for investors. The fund will focus on owning Australian real estate assets in metropolitan and CBD markets, generating income by delivering and maintaining sustainable occupancy levels, divesting assets to make capital available as appropriate, recycle available capital to refurbish and reposition assets, and xploring other value maximization initiatives. The fund has initiated an expression of interest campaign to divest three assets. These are 150 Charlotte Street, Brisbane, 64 Northbourne Avenue, Canberra, and 96 York Street, Beenleigh. Proceeds from the sale will initially be used to repay debt and, as appropriate, recycled into the repositioning and refurbishment strategies of 10 Valentine Avenue, Parramatta, and 30 Pirie Street, Adelaide. Let's now turn to slide seven. AOF reported FFO of AUD 0.188 per unit, well above guidance of AUD 0.18-AUD 0.185 per unit, driven by fixed rent reviews and successful leasing at a number of assets. Distributions of AUD 0.152 per unit were in line with full year guidance. The profit for the year was impacted due to the revaluation of three investment properties, resulting in a loss of circa AUD 48 million, which I will discuss further shortly. The fund's NTA is AUD 2.26 per unit. Turning to slide eight. All assets were independently valued with an overall decrease of AUD 69.8 million. The portfolio capitalization rate firmed to 5.69%. 5 Eden Park Drive, Macquarie Park, and 468 St. Kilda Road, Melbourne, witnessed valuation growth driven by strong leasing outcomes, improved occupancy, and capitalization rate compression. The valuation of 150 Charlotte Street, Brisbane decreased as the major tenant, Boeing Defence Australia, advised that they will be vacating the property at lease expiry on 30 June 2024. The valuation reflects increased setting up and capital expenditure allowances. The capitalization rate also softened by 25 basis points to 6.25%. At 30 Pirie Street, Adelaide, the independent valuation reflects increased capital expenditure allowances required to refurbish the building post Telstra vacating at lease expiry in February 2023. 2 and 10 Valentine Avenue, Parramatta, is a single allotment comprising a 14-level office building at 10 Valentine Avenue and an adjoining six-level car park at 2 Valentine Avenue. 2 Valentine Avenue currently has a development approval for circa 28,000 square meter office tower. The independent valuation of 10 Valentine Avenue was impacted by Property and Development NSW not renewing at lease expiry on 30 June 2022. At 2 Valentine Avenue, the valuation methodology also changed. The previous independent valuation valued 2 Valentine as a development site. Given current market conditions, the current independent valuation values the site as a car park with development approval. Turning to slide nine. The capital structure of AOF remains robust. Gearing at 30 June 2022 was 30.4%, with drawn debt of AUD 170.3 million against AUD 250 million of debt facilities. We refinanced AUD 150 million of debt through the year, with all tranches of the fund's AUD 250 million facility now expiring on 17 March 2025. At 30 June 2022, the fund had a weighted average debt expiry of 2.7 years and a cost of debt of 2.9%. The fund was 76% hedged, with a weighted average hedge maturity of 2.3 years. There remains significant headroom to the debt covenants. Let's turn to slide 11. Active management continues to drive leasing success. Occupancy increased to 100% at 5 Eden Park, Macquarie Park, with the independent valuation increasing by AUD 6.5 million to AUD 80 million, and the capitalization rate firming 25 basis points to 5.25%. At 2 Eden Park, Macquarie Park witnessed 1,885 sq m of successful leasing outcomes with occupancy at 97%. At 468 St. Kilda Road, Melbourne, occupancy remains strong at 94%, with leasing outcomes delivering a strong 4.4-year WALE and a valuation growth of AUD 4.2 million to AUD 83.2 million. Let's turn to slide 12. The fund's primary refurbishment and repositioning opportunities exist at 10 Valentine Avenue, Parramatta, and 30 Pirie Street, Adelaide. Both assets were constructed in the late 1980s, are exceptionally well located, offering good amenity and accessibility within metropolitan and major CBDs. The assets offer good natural light and sweeping views with transport and infrastructure at their doorstep. Both assets sit on island sites. At 10 Valentine Avenue, a refurbishment is underway to refresh the lobby with third space, create new wellness and amenity, improve the services, and refurbish the tenancy amenity for enhanced tenant experience. At 30 Pirie Street, a development application has been approved by the City of Adelaide, providing the opportunity to reposition the asset by creating a new canopy at the main entry, refurbish the lobby with a new café, third space, and refurbish the amphitheater. Creating a workplace in the heart of the Adelaide CBD that is attractive to tenants while delivering flexible workspace solutions and sustainability initiatives. Let's now turn to slide 13. As mentioned earlier, expressions of interest campaign is underway to sell three assets with the proceeds initially used to repay debt and, as appropriate, redeployed to refurbishment initiatives. 150 Charlotte Street, Brisbane, 64 Northbourne Avenue, Canberra, and 96 York Street, Beenleigh, have been assessed as the most appropriate assets to bring to market due to their attributes. All three assets currently benefit from high occupancy with strong tenant covenants, good amenity, and are exceptionally well located, which should appeal to a wide range of potential buyers. The asset sales provide the optimum solution to reshape the portfolio. Let's turn to slide 15. Distribution guidance will be provided on a quarterly basis, with guidance being AUD 0.025 per unit for the September 2022 quarter. Our near-term priorities are to maintain active management to deliver leasing and occupancy outcomes, are to progress refurbishments and repositioning opportunities and to divest assets to make capital available for recycling or other value maximization initiatives. In closing, I thank you for your time today and thank you for your investment in AOF. We look forward to continuing to advance the priorities listed and providing an update to investors in due course with a focus on maximizing unitholder returns. This concludes the formal part of our presentation. I will now pass you back to the moderator for Q&A. Thank you. Thank you, Nikki. If you wish to ask a question, please press star one on your telephone keypad and wait for your name to be announced. Our first question comes from Milo Ferris from Ord Minnett. Milo, please go ahead. Hi, guys. Thank you for your time today. Just looking for a little bit of color as to why you haven't provided full year guidance. Thank you. I'll pass over to Simon Beake, and he'll be able to answer that. Thanks, Milo. As Nikki mentioned earlier, we are looking to sell three assets because the sales of those three assets may impact on the full year guidance. That's why we haven't provided the full year guidance and only provided quarterly guidance. Okay. Thank you, guys. Thank you, Milo. If anyone has any further questions, it is star one on your keypad to have your hand raised. Looks like we have no further questions at this time. I'll now hand back to Nikki and Simon for closing remarks. Thank you, everyone, for your time today. I hope that you found that beneficial. That completes the presentation, and we'll make this webcast and audio available on the AOF website. Thank you again.