Good things happen when you own good real estate
Gazit-Globe is a global owner developer and operator of supermarket-anchored shopping centers and retail-based, mixed-use properties in North America, Brazil, Israel, northern, central and Eastern Europe, located in urban growth markets. Gazit-Globe is listed on the New York Stock Exchange (NYSE: GZT), the Toronto Stock Exchange (TSX: GZT) and the Tel Aviv Stock Exchange (TASE: GZT) and is included in the TA-35 index in Israel. As of March 31, 2017 Gazit-Globe owns and operates 136 properties, with a gross leasable area of approximately 2.6 million square meters and a total value of approximately NIS 36 billion. In addition, the Company owns 32.7% of First Capital Realty Inc and 11.5% of Regency Centers Corporation.
Since establishing its first real estate operations in the United States in 1991, Gazit-Globe has accumulated significant expertise across a broad range of core competencies, including acquiring, operating, managing, leasing, developing, redeveloping, repositioning and improving the performance of supermarket-anchored shopping centers. It has also demonstrated its ability to leverage this expertise and successfully implement its business model in many countries around the world.
Gazit-Globe’s primary objective is the creation of value through long-term maximization of cash flow and capital appreciation from its growing real estate portfolio. Gazit-Globe’s knowledge and expertise, combined with its proactive management style and disciplined acquisition strategy, has enabled it to grow its business consistently and expand its portfolio into other asset classes and geographies. Gazit-Globe continues to seek opportunities in the regions where it operates as well as in new territories.
Gazit-Globe has a clear policy of maintaining high level of transparency with respect to its financial condition. The Company operates continuously to maintain financial flexibility and a strong long-term credit rating.
Gazit-Globe’s long-term debt is rated by S&P Maalot (ilAA-) with a stable outlook and by Midroog, Moody’s Subsidiary (Aa3) with a stable outlook.
Gazit-Globe is a member of EPRA