Chaim Katzman, Gazit-Globe's Chairman: "We are grateful for our longstanding partnership with the Israeli capital markets which has enabled us to become a leading global real-estate company"
TEL-AVIV, Israel, Sept. 3, 2015 (GLOBE NEWSWIRE) -- Gazit-Globe (NYSE:GZT) (TSX:GZT) (TASE:GZT), one of the world's leading multi-national real estate companies focused on the management, acquisition, development and redevelopment of supermarket-anchored shopping centers in major urban markets, announced today that its management visited the TASE and rang the opening bell to celebrate a decade being part of the Real-Estate 15 Index and the 50th anniversary of Norstar's trading on the stock exchange. Among those present were the Chairman of the TASE, Mr. Amnon Neubach, CEO of the TASE, Mr. Yossi Beinart, Chairman and controlling shareholder of Gazit-Globe, Mr. Chaim Katzman, Dori Segal, Executive Vice Chairman, and Gazit-Globe's CEO, Rachel (Rocha) Lavine as well as Gazit-Globe's management.
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Chaim Katzman, Gazit-Globe's Chairman, commented: "We are pleased to celebrate a decade as part of the Real-Estate 15 Index as well as to mark the 50th anniversary of Norstar being a publicly traded company on the TASE. We are grateful for our longstanding partnership with the Israeli capital markets which has enabled us to become a leading global real-estate company.
"This partnership allowed us to grow from a small company into a global leader that continues to expand and make acquisitions around the world, all while steadily creating growing cash flow for our shareholders. During these years we distributed dividends and created value for our investors worth billions of shekels. We are grateful for the trust placed in us by them as well as the strong support of the TASE and we will continue to work hard every day to justify this trust."
Katzman added: "We not only want to be a part of every institutional investor portfolio, but also part of the portfolios of every retail investor that is looking for a long term investment that generates growing dividends with an adjusted risk-return."
Amnon Neubach, chairman of the stock exchange said: "We celebrate 50 years of trading for Norstar on the Tel Aviv Stock Exchange. Gazit-Globe joined the Real Estate 15 index on the latter's initiation 10 years ago and has delivered a strong performance with a return of 173%. We hope to see more companies joining the stock exchange."
Gazit-Globe is one of the largest owners, developers and operators of predominantly supermarket-anchored shopping centers in major urban markets around the world. 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. As of June 30, 2015 Gazit-Globe owns and operates 453 properties in more than 20 countries, with a gross leasable area of approximately 6.3 million square meters and a total value of approximately US$ 20 billion.
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