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business / Real Estate

GPT Group posts $1.2bn loss
GPT Group's first-half net loss widened sharply to $1.2 billion today after a steep slide in property valuations.
The Australian Thursday, August 27, 2009

Valad to offload assets
THE debt-plagued diversified property company Valad Property Group has limped to the end of the 2009 financial year with a $1.49 billion loss, providing no earnings guidance or assurance of a distribution payment for the future.
The Australian Thursday, August 27, 2009

GPT affirms guidance
A SLIMMER and healthier GPT Group yesterday confirmed its earnings guidance of $365 million for 2009, after reporting first-half earnings of $183m -- 22.1 per cent lower than the corresponding half in 2008.
The Australian Thursday, August 27, 2009

FKP encourages investors
FKP Property Group wants investors back on its bandwagon after booking a $78 million full-year operating profit that has exorcised some of the demons of the past year.
The Australian Thursday, August 27, 2009

Demolition firm may be memory
THE Deen brothers, Brisbane's most notorious demolition firm, boast: "All we leave behind are the memories."
The Australian Thursday, August 27, 2009

Hopeful Signs: Manufacturing, Housing Sectors of Economy Show Gains
Manufacturing and housing, two sectors that have suffered some of the largest job losses in this recession, showed signs of strengthening in July, the latest indications that the economy is on the mend.
Washington Post Thursday, August 27, 2009


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