Gazit-Globe

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Gazit-Globe is the international owner, developer and operator of a shopping mall anchored in major city markets around the world. In addition, Gazit-Globe is active in the North American real estate health sector.

Gazit-Globe is listed on NYSE Stock Exchange New York: Ãƒ, GZT, Toronto Stock Exchange TSX: Ãƒ, GZT and TEX Tel Aviv Stock Exchange: Ãƒ, GZT and is included in the TA-25 index and Real-Estate 15 in Israel.. Gazit-Globe owns and operates 592 properties in over 20 countries, with a gross leasable area of â€‹â€‹approximately 6.7 million square meters and a total value of over US $ 20 billion.

Video Gazit-Globe

History

Gazit-Globe was founded in 1982. Since May 1991, the company has been controlled by Chaim Katzman, who was trained as a lawyer and in 1979 moved to South Florida, where he was involved in the development and management of commercial and residential real estate. During the 1980s he also began to develop his real estate business in Israel, and was able to consolidate its holdings in Gazit-Globe, at the time of the company's shell without business operations.

Holding in the Gazit-Globe allows Katzman to attract investors to help him acquire additional retail centers, and it becomes a vehicle to raise capital for further property acquisitions and businesses.

In 1992, Katzman formed Equity One as a wholly-owned subsidiary of Gazit which operates as a trust of real estate investments (REIT). Equity One grew gradually during the mid-1990s and in 1998 the company had an initial public offering on the New York Stock Exchange, Gazit-Globe retained partial ownership of Equity One after the business was separated as a stand-alone company. Public Going is provided Equity One with access to US capital markets and accelerates its growth. Equity One wins investors looking for stable dividend income.

In 2004 Gazit acquired 33% of Citycon, a Finnish public company focusing on commercial real estate in the Nordic region. In the following years Gazit increased its stake in the company to 47%.

In August 2008 Gazit-Globe completed the takeover of the troubled European property developer Meinl European Land (MELV.VI), Gazit along with Citigroup, jointly investing 800 million euros in Meinl Land. This step strengthens Gazit's foothold in the Eastern European and Russian markets. After the takeover, the name Meinl was changed to Atrium Europe Real Estate Limited and a new board of directors and management was appointed.

In December 2011, Gazit-Globe had an initial public offering on the New York Stock Exchange, which generated $ 81.0 million in huge amounts. The stock is traded under the ticker symbol "GZT".

In October 2013, Gazit-Globe listed its shares on the Toronto Stock Exchange with a ticker symbol "GZT"

Maps Gazit-Globe

Major Holdings

United States

Equity One Inc. (45.3%) - real estate investment trust (REIT) listed on the New York Stock Exchange (NYSE: EQY). Equity One owns, develops and operates shopping centers located in strategic metropolitan areas across the United States. These centers are anchored by leading supermarkets, pharmacies and retail chain stores.
ProMed Properties Inc. (100%) - is a private company engaged in the acquisition and management of medical offices and medical research buildings throughout the United States. ProMed's focus is on location near hospitals and medical research universities.

Canada

First Capital Realty Inc. (32%) - listed on the Toronto Stock Exchange (TSX: FCR). FCR is Canada's leading owner, developer and operator in supermarkets and drug stores anchored in neighborhoods and community shopping centers located in a burgeoning metropolitan area.

Europe

Citycon Oyj. (49.3%) - is listed on the Nordic OMX Stock Exchange (OMX: CTY1S). Citycon owns, develops and operates shopping centers and commercial properties. Citycon is the market leader in Finland, with a strong position is Sweden and a firm foothold in the Baltic countries.
Atrium Europe Real Estate Limited (39.9%) - listed on Euronext as well as on the Vienna Stock Exchange (ATX/Euronext: ARTS). Atrium specializes in the acquisition, development, and management of shopping centers in Central and Eastern Europe.

Israel

Gazit-Globe Israel (Development) Ltd. (82.5%) - is a private company active in the acquisition, development and management of shopping centers in Israel. Gazit-Globe Israel (Development) is also active in Bulgaria and Macedonia. Gazit-Globe Israel is also a controlling shareholder of Dori Group (73.9%), a publicly traded company on the Tel Aviv Stock Exchange (TASE: DORI) and one of Israel's leading construction companies. Dori Group is active in a wide range of real estate development and construction activities in Israel and abroad.