Gazit Globe

The Gazit Globe Real Estate Institute was established thanks to a generous contribution from the Gazit Globe company.

Gazit-Globe (NYSE;TSX;TASE: GZT) is one of the world’s leading multinational real estate companies engaged in the acquisition, development and management of income-producing properties. The company focuses on necessity-driven real estate, primarily supermarket-anchored shopping centers in urban growth markets with high barriers to entry and attractive demographic trends. In addition, the company is active in the healthcare real estate sector, owning and operating medical office buildings in North America.

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-25 and Real-Estate 15 indices in Israel.

Gazit-Globe operates internationally through its publicly-traded and privately-held subsidiaries. Its public subsidiary companies are listed on several major stock exchanges including the New York Stock Exchange, the Toronto Stock Exchange, the Helsinki Stock Exchange, Euronext Amsterdam and the Vienna Stock Exchange.

The Group operates in more than 20 countries, owns and manages 592 properties with a gross leasable area of approximatly 6.7 million square meters, has a consolidated total asset value of more than US$20.0 billion and a gross annualized income of about US$1.85 billion. 
 
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 Management and Board

Mr. Chaim Katzman, Founder and Chairman of the Board of Gazit Globe

Mr. Chaim Katzman is the founder, controlling shareholder and chairman of  the board of Gazit Globe (TASE: GLOB, NYSE: GZT). Mr. Katzman also serves as the chairman of Norstar (previously Gazit Inc.), the parent company of Gazit Globe. Since 1998 and 1991, he has served as the chairman of Gazit Globe and Norstar respectively. Mr. Katzman is the founder of the Gazit-Globe Real Estate Institute at IDC Herzliya.

 

Mr. Dori Segal, Executive Vice Chairman of the Board of Gazit Globe

Mr. Dori Segal is the executive vice chairman of the board of Gazit Globe. Mr. Segal joined Gazit Globe in 1993 as both an investor and a senior member of its management team. Mr. Segal has played a decisive role in the company’s growth in North America, Europe, Israel and Brazil. Since 1997, Mr. Segal has been active in the fields of acquisition, development and management of the company’s shopping centers in Canada.

 

Mr. Roni Soffer, President of Gazit Globe

Mr. Roni Soffer has served as the president of Gazit Globe since 2009. He has held a number of senior management positions since joining the company in 1997. During his time at Gazit Globe, Mr. Soffer has developed expertise in the fields of medical and retail real estate in both the private and public sector and was involved in mergers and acquisitions and the international development of the company.

 

For additional information:

The Gazit Globe website: www.gazit-globe.com

The Gazit Globe Corporate Responsibility Report: www.gazitglobe.com/Data/Uploads/Gazit-Globe_CSR_2009-2010_FINAL_SEP2012.pdf

An interview with Chaim Katzman on Globes TV (in Hebrew): www.globes.co.il/news/article.aspx?did=1000760012