Returns or sets a Variant indicating the value for the specified user or item property. Read/write.
expression.Value
expression Required. An expression that returns one of the objects in the Applies To list.
Example
The following Visual Basic for Applications (VBA) example creates a contact item and sets its Body property.
Sub ValueItemProperty()
Dim outApp As New Outlook.Application
Dim cti As Outlook.ContactItem
Dim itms As Outlook.ItemProperties
Dim itm As Outlook.ItemProperty
Set cti = outApp.CreateItem(olContactItem)
cti.FullName = "Dan Wilson"
Set itms = cti.ItemProperties
Set itm = itms.Item("Body")
itm.Value = "My friend from school"
cti.Save
cti.Display
End Sub