Thank you, Alejandro. Good morning, everyone. Here we can see the main events of the first year of -- this fiscal year, starting with the rental operation figures. The shopping mall sales grew by 24.1% in this Q, and occupancy remain at very high levels, at the number of 98.7%. The average rent for the office portfolio remains stable at $25.7 per square meter per month. And the office portfolio occupancy reached 93.4%. This is lower than the first year of 2018, where we had 96% occupancy. And this is mainly explained by the incorporation in our portfolio of the Phillips building that came with an occupation of 69%. But never the less, it was higher than the previous quarter -- of the last quarter of 2018 because we did some listing mainly on the Boston Tower, we occupy one floor. The CapEx on this Q was the acquisition of Maltería Hudson, with a construction capacity of 177,000 square meters in Hudson; it's in the province of Buenos Aires, an intersection of very important highways. The acquisition cost was $7 million to develop a mixed use project, and this acquisition was done in July, 2018. Also, we acquired 14,000 square meters of Catalinas building under development from our controller IRSA for a total amount of $60.3 million. This was recently done. This happened in November, 2018, few days ago. Also, during this quarter we started the construction of the expansion of Alta Palermo Shopping, our flagship shopping center. This is total construction of 39,000 square meters that are supposed to be finished by fiscal year 2020. Also, we have plans to develop 15,000 square meters of expansion more during this fiscal year. Maybe not all of them will be completely finalized for this fiscal year, but we are going to be under construction of this amount of square meters. When we go to the bottom of the page, we see adjusted EBITDA by segment. We see on the Shopping segment, we only grew 10.3%. This is mainly explained because our revenues did not reach inflation, but our costs yet were following inflation, and this explains the shrink of this EBITDA in the Shopping segment. And in the Office segment we can see the opposite effect, that our rents are in dollars, we collected in revenue the total amount of the devaluation and our costs were only going up following inflation. When we see the net income we see a tremendous growth. The net income grew 303%, this is reaching a total net income of approximately ARS7.8 billion, and attributable to the controlling company it's about ARS7.08 billion, this is an increase of 277%. This is mainly explained by higher operating results and higher results from change in fair value of our properties that more than compensated the financial losses on the devaluation. Also we, on October, our shareholders' meeting approved a cash dividend for the total amount of ARS545 million. This is a dividend yield of 1.9%, and the payment date is November 9, which is actually today, but the money will be disposable as of tomorrow -- today, sorry. Today is the 9th. On page number four, here is a good news on the company. We have this land for 20 years. This is in the neighborhood of Kawashito [ph]. We have been dealing with the city asking for permits for a long, long time. But finally, we got the permits to do a mixed use project in this plot of land. The idea is to do a 76,000 square meters of residential development with a ground floor dedicated to retail, having approximately number of 11,000 square meter of retail. The company is looking the right developer to do along the start on the residential component, and to keep the retail component that we think has a very good opportunity, because there is nothing on this neighborhood and it's a very -- and an excellent location for retail in the city of Buenos Aires. It's definitely the center of the city of Buenos Aires. So we are very happy with this news, and we are going to be working so we have good results on this plot of land. Also, on page number five, we can see a recent sale of Catalinas to the subsidiary IRSA Commercial Properties that we mentioned earlier. It is a 14,000 square meters at this building. The total price was $60 million; the price per square meter is approximately $4,200 per square meter. And this includes 12 floors and 131 parking spaces. Ownership was split in three previous to this transaction. It was IRSA had a part, IRSA Commercial Properties and Globan [ph] that is the third-party that bought from IRSA more than a year ago. And now the current ownership is 87% belongs to IRSA Commercial Properties, so there's no other rental properties now that belong to IRSA. And Globan owns four floors, it's 13% of this construction, because construction is going really on time, and is now growing about four floors per month in terms of construction. The estimated opening is for fiscal 2020. And this transaction was made and approved by both independent boards in both of the board of directors of the two companies. On page number six, we can see the business in Hotel. The occupancy remains very stable; we had good numbers, 64.5%. The average rate remains also stable, about $189 dollars per room. But what we see here is the big impact that had the valuation of this business. We can see on the bottom top right chart, that revenues grew 64.5 this is we are collecting dollars. The city of Buenos Aires is attracting people. We had the game for, like the Olympics for youth, we had the B20, now we have the G20. And as of Buenos Aires also starting to become cheaper to our neighbor cities we're starting to see more tourists. And as we collect in dollars and our costs are growing as inflation, we see here a tremendous impact. We see an EBITDA that in the first quarter of 2018 was only ARS2 million, now EBITDA is ARS88 million. So this is one of the business that is really benefiting from devaluation. If we move to page number seven we can see about the corporate structure of the investment in Israel. And the main two issues to remain to talk about is, one, it was the sale of Shufersal, that in the past we had more than 50% of the shares. And today, after the sale we did recently, we have only 33.5%, and we are no more consolidating Shufersal in our balance sheet. So that was almost recent. The thing that we are working now related to the IRSA is we need to reduce one more level of public company before December of 2019, it is the concentration law requirement, and we are waiting for that because of DIC [indiscernible] we need to reduce one more of those, and we working for that in this year. And if you look the next page, and to show some of the examples of what we are doing in the real estate, [indiscernible] that is the pure rental company that runs property is mainly office buildings and logistic in Israel. These are some samples of the buildings that we are doing now. One big building, the one of top-right, the TOHA [ph] building is almost 95% leased, is going to open now at the end of this year or beginning of next year, 2019. And is almost leased, and 95% is leased, so it's almost finished. And it's 57,000 square meters of rental properties that Gav-Yam owns half. The other examples are Rehovot, we are doing a fourth building in Rehovot, 70% is leased. MATAM-YAM in Haifa that is finished and Amazon is 100% tenant of this building, taking 100% of that building, now is opened -- this is going to be open very soon. In Banega, we are making the fourth building. We are doing logistic, and we beginning a big project in the north, this is in Haifa Bay, and we are launching a 7,000 square meters logistics center that you see in the right picture. So this company is doing today eight projects, almost 200,000 square meters of construction at the same time, all in Israel. So this is kind of example of doing more rental and achieving almost a million on Gav-Yam level square meters of rental properties in Israel. If you move to page number nine, we can see main issue of the balance sheet by migration of the share. This was a rebound of the last quarter, and still has a discount on related to the -- and 74% of book value, but recovery that affected a lot our balance sheet. We sold this last quarter, another 5% of Clal shares through another swap transaction. Today we state that we are running 29.8%. And we recognized a big gain in this quarter because of these increase on the share price, of 34% of the share. Recently there was a new commission [indiscernible] that is probably is going to bring good news, and news to this company. So I see that takes the make issues of the Israel for the quarter. Now, I will turn it to Matías Gaivironsky.
Matías Gaivironsky: Thank you, Alejandro. Good morning everybody. So going to page 10, here we have our stake in Banco Hipotecario. Remember that we control 30% of Banco Hipotecario. And we can see the evolution of the price of the shares and the value over two years that decreased because of the volatility in Argentina. Now, it seems that it touched -- in the 30th of September on the $136 million, and now it's recovered a little, to $146 million. And when we see the results that we are receiving from Banco Hipotecario, here there is a new rule, IFRS 9, that is basically the way that we should have provisions in our financial statement. It's not the same that Banco Hipotecario is using. Banco Hipotecario is on the other rule that the central bank impose them. So IRSA has to do an adjustment on their figures to comply with IFRS 9. So for that reason, when we see the evolution of the results we see a decrease from -- from ARS371 million to ARS160 million of result coming from the bank. If we move to page 12, we can see our financial statement divided by the Argentina Business Center and the Israel Business Center. So start with Argentina, we can see that the net income for the first quarter was ARS7.6 billion against ARS2.288 billion in the same quarter of the last year. The main explanation here is the change in the fair value that, this quarter ARS16 billion, against ARS2.483 million of the last year. Again in terms of revenue, our revenues increased by 30%, and then we will see a breakdown in the different segments. The following important line to mention is the SG&A, our cost increased by 67%, from 267 to 447. But when we combine the two lines between cost and SG&A, we see an increase of 34% that is in line with inflation. During the quarter, we decided to reclassify some of the concepts that used to be included in the cost line to the SG&A line. So for that reason we see an increase of 67% on that line, and also some other affects that also affect higher than the inflation. Following that, we will have a breakdown on the net financial results, so I will explain later. In the Israeli business segment, we see a gain during the year or during the quarter, of ARS3.485 billion against a loss of ARS2.2 million in the last year. Basically, here we have the increase in the shares of Clal, and also due to the negative result on the financial side, the swap that we did last year on VIC bond. So finally, well, we finished the quarter with a net income of ARS11 billion against ARS74 million of the last year attributable to IRSA shareholders is ARS9.4 million against again last year of ARS553 million. So if we move to page 13, here we have a breakdown in our net financial results. So here we can see, on the bottom-left, the evolution of the exchange rate. Last year, the devaluation in Argentina was 4% against a devaluation of 43% during this quarter, from 28.8 to 41.25. Remember that today, the exchange rate modest line of 35.5. So it is decreasing after the quarter. So that affect in -- that devaluation generated net foreign exchange losses on all our dollar-related debt. So you can see that during the quarter we increased the loss from ARS412 million last year to ARS9.5 million this year. And also generate more interest payment because we are paying more pesos because of our dollar-denominated debt. And also we increased during the year the debt of IRCP, so we increased by $175 million the rate of the gross debt of IRCP and also some at the IRSA level. And in the Israeli business segment we can see net interest expense is at ARS4.5 billion to ARS1.1 billion
