Gazit-Globe Will List on Toronto Exchange

TORONTO-Gazit-Globe has applied to list its ordinary shares for trading on the Toronto Stock Exchange (the “TSX”).

The firm is one of the world's leading multi-national real estate companies focused on acquisition, development and redevelopment of supermarket-anchored shopping centers in major urban markets. Gazit-Globe has received the conditional approval of the TSX for the listing, subject to a number of standard listing conditions. It should be noted that the listing of the company's ordinary shares on the TSX will not be accompanied by an equity offering by Gazit-Globe. Upon listing, the company's ordinary shares will trade on the Toronto Stock Exchange under the symbol GZT. The is company already listed on the New York and Tel Aviv exchanges.

“Canada has been a core market for Gazit-Globe over the past two decades and the listing on the TSX represents another step towards strengthening the company as a global leader in commercial real estate, said Roni Soffer, president of Gazit-Globe. “We have made significant efforts in recent years to increase international investors' awareness of the company and we believe that this listing will further increase our visibility and accessibility to Canadian and other international investors.”

Gazit-Globe is one of the largest owners and operators of supermarket-anchored shopping centers in major urban markets around the world. In addition, the Company is active in North America in the healthcare real estate sector. Gazit-Globe is listed on the New York Stock Exchange (NYSE: 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 owns and operates 592 properties in more than 20 countries, with a gross leasable area of approximately 6.7 million square meters and a total value of more than US$20 billion.