Valad Property Group reported consolidated earnings results for the half year ended December 31, 2009. For the period revenues from ordinary activities were AUD 84.1 million compared to AUD 191.4 million of previous year period. For the period diluted loss per share was 5.4 cents compared to 51.0 cents of previous year period. Total comprehensive loss attributable to unit holders was AUD 103.324 million against AUD 936.862 million for the same period a year ago. Net cash outflow from operating activities was AUD 6.445 million compared to cash inflow from operating activities of AUD 136.131 million of previous year period. Capital expenditure on investment properties was AUD 3.485 million compared to AUD 15.259 million of previous year period.

Valad Property Group reported earnings results for the half year ended December 31, 2009. The company reported net loss of $103.6 million, due to impact of fair value adjustments. Underlying earnings were $3.6 million. EBITDA was $27.5 million. Due primarily to the impact of fair value adjustments and impairments across the portfolio the Group reported a net loss of $103.6 million. The company provided earnings guidance for the year 2010. The company expects cash-backed underlying earnings will be positive in 2010, supported by recurring revenue in property and funds businesses.

Valad Property Group reported revenue results for the half year ended December 31, 2009. For the period net revenue was AUD 64.3 million compared to AUD 145.5 million of previous year period.