...Ladies and gentlemen, good morning, everybody, and welcome to our results presentation for the first three months of 2025. Thanks for dialing in. With me here is DEMIRE's CFO, Tim Bruckner; and CIO, Ralf Bongers, who will talk to you later; and Julius Stinauer, our Head of Investor Relations. I'm sure you have had a chance to look at our results already, which I would summarize as solid and in line with our expectations. Just about two months ago, I presented our annual report, and now we are pleased to report the Q1 2025 results to you. We have achieved a remarkable letting volume more than 3 times higher than in the first quarter of the previous year. In addition, we have extended two maturing mortgage loans further strengthening our financial profile. And on the transaction side, we continued to make progress by handing over two properties to their new owners. So after covering some of the highlights, let's turn to slide number 5, the executive summary, and I will briefly walk you through...
