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Read More The result reflected the successful execution of Cromwell's lease renewal program, with tenants including the Therapeutic Goods Administration taking up their five-year renewal option over TGA Complex in Canberra; the Bureau of Meteorology renewing their lease over 15,400 square meters at 700 Collins Street; and the Queensland University of Technology who renewed their lease for a little over 9400 square meters at Musk Avenue, Kelvin Grove. Those renewals alone amounted to more than 43,000 square meters. The office space that we've refurbished at 700 Collins Street attracted strong tenant interest, with a further 5000 square meters leased to Open Universities Australia and Pacific Hydro in the half. Refurbished space in our Mary Street asset has been leased and we continue to receive good enquiry on any vacant space. We've also seen improved take up and increased demand in our Gold Coast asset, with activity levels rising ahead of the Commonwealth Games. All of our New South Wales and Victoria office assets, other than Northpoint tower which is being redeveloped, are very close to being fully leased. We expect to see stronger tenant demand and net effective rental growth in New South Wales and Victoria in the near future. With limited opportunities to acquire assets in a highly competitive market, we're focused on creating value in our existing portfolio and managing the AUD300 million investments we're making into Northpoint Tower in North Sydney and the new Department of Social Services national headquarters at Tuggeranong Office Park in Canberra. Both projects remain on track and will contribute earnings growth and valuation uplifts to the Group in the near future. Funds management operating profit was AUD16.4 million which represented 21% of total operating profit, and total assets under management as at 31 December 2016, stood at AUD9.8 billion.