Operator

Good day, and thank you for standing by. Welcome to Kiwi Property FY '26 Annual Results webcast. [Operator Instructions] please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Clive Mackenzie, Chief Executive Officer. Please go ahead.

Clive Mackenzie
Chief Executive Officer

Thanks, Maggie. Kia ora,and good morning, everyone. Thank you for joining us for Kiwi Property's annual results announcement for the 12 months ended 31 March 2026. I'm Clive Mackenzie, the CEO of Kiwi Property. And today, I'm joined by Fraser Gunn, our Head of Investor Relations. We also have Tiniya Plessis, our Interim CFO; and Shaun Reed, our GM of Capital Transactions, in the room to answer questions at the end of the presentation. I presume you all have a copy of our presentation in front of you. If not, you can access one from the Investors section of our website at kp.co.nz. A quick reminder that as usual, we have included detailed financial property information in the appendices to the annual results presentation.

Turning now to Kiwi Property's key metrics on Slide 4. Kiwi Property is focused on increasing long-term returns for its investors through the ownership, development and management of a portfolio of high-quality real estate. We believe our strategic retail-led assets located in metropolitan areas with great transport access such as Sylvia Park, LynnMall, Drury and The Base will continue to grow