Peach Property Group AG provided earnings guidance for the second half and full year of 2011. On the basis of the preliminary figures, the company expects to achieve a slightly better, though still negative, result for the second half of 2011 compared to that recorded in the first half of 2011. The company expects income from property development will be considerably lower than that reported during the previous year. Income from investment properties, however, will be slightly higher as Peach Property Group acquired an extensive portfolio of investment properties in Munster, Germany, in the second half of 2011. Earnings from this transaction led to earnings from a revaluation in the second half of the year.