...Well, good morning, ladies and gentlemen, and thank you very much indeed for joining us for the Schroder Real Estate Investment Trust Annual Results Webinar. My name is James Lowe. I look after sales for the Schroder Investment Trust business. I'm very pleased to be joined in the studio in London this morning by the two co-portfolio managers of the Trust, Nick Montgomery and Bradley Biggins. Welcome to both of you. So just before we get into the session this morning, a couple of bits of background from me. (Event Instructions) And then finally, if you would like to follow along with the presentation in your own time, you can download that now from the downloads tab. And also, we have obviously published our annual results this morning. So please do also feel free to download a copy of that, where you'll find a lot more detail on the Trust. With that, it's all from me and I will pass you over to the team to start the presentation. Nick Montgomery ...
