What is the purpose of the announcement?

Thank you all for coming to this meeting on such short notice. As you know, our lease on this building is due to expire at the end of the year, and I’ve been looking and looking for new premises. I’ve searched everywhere, but I just couldn’t find any place to match our current location. We’ve been here for over fifteen years now, and Barker’s Books has become an institution. Being so close to the university, we have the perfect location. So, imagine my relief when I heard by chance that the shoe store across the road from us is moving out to the new shopping center. I contacted the property manager straight away, and I’ve secured a two-year lease from January 1 on that space with only a modest increase in rent. We’ve got a lot of work ahead of us with the move, but I’m sure we can handle it.