PICTON PROPERTY INCOME LTD (PCTN) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the PCTN PROPERTY INCOME interim results investor presentation. Throughout this quarter presentation, investors will be in listen only mode. Questions are encouraged, they can be submitted at any time by the Q and A tab that's situated in the top right corner of your screen. Just simply type in your questions and press send. The company may not be in a position to answer every question received in the meeting itself. However, the company can review all the questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to CEO, Michael Morris. Good afternoon to you, sir. Good afternoon. Thank you everyone for joining us this afternoon. My my name is Michael Morris. I'm the chief of PICTN. I've worked with the company since it launched in 2005. I'm Sarah Johnson. I'm the chief financial officer at PICTN. I joined earlier this year. Thank you. So today, we announced our half year results to the end of September. This presentation is a brief snapshot around those results. So we're gonna talk to the financials. We'll talk a little bit about the commercial real estate market, what's happening in in the areas we're operating. We'll also talk to the portfolio, the activity that we've been undertaking, and then we'll have some concluding remarks at the end before a Q and A. So in terms of headlines, all of these things we'll talk to in a little bit more detail as we go through the presentation. But I think the headlines are that we've seen good earnings growth over the period, return to profit. Within that, we've seen positive total return from the property portfolio. We've improved occupancy, and we've been reducing our office exposure. Throug...