Overview Key strengths Key risks Geographically diverse and high-quality portfolio of retail assets primarily across Australia's east coast. Soft consumer sentiment because of inflationary and cost-of-living pressures. Disciplined management of development and enhancement projects consistent with the fund's growth strategy and financial policies. Elevated borrowing costs from rising interest rates to affect funds from operations. Long-term investment mandate that supports income stability and growth. Exposed to discretionary consumer spending and evolving tenant demand cycles. Management links with Queensland Investment Corp. The fund benefits from its sizable and diversified retail portfolio, which is strategically located in growth corridors with defined catchment areas. The centers are prominent in their respective markets and have the potential to increase market share through targeted development,