press release

press release

29May 2024
May.2024
G City publishes Q1 2024 results
01May 2024
May.2024
G City reports a demand of approximately NIS 486 million in a tender for classified investors to expand its bond series (Series 16). The company will raise approximately NIS 336 million in the tender for classified investors at a price of NIS 960 per NIS 1,000 par value, reflecting a yield of 5.41%. Series 16 is linked to the Consumer Price Index with an average duration of about 4 years. The series is secured by a lien on the subsidiary G City Europe shares and is rated A- by S&P Maalot and A3 by Midroog.
09April 2024
April.2024
G City Bond Issuance Received Demand around 1 billion NIS in a tender for classified investors in a new bond series issuance (Series 19). The company has chosen to accept early commitments to purchase bonds in the amount of approximately NIS 494 million at an interest rate of 4.15%, reflecting a spread of 2.65% above government bonds with a similar average duration. Series 19 is linked to the Consumer Price Index with an average duration of approximately 6.2 years.
03April 2024
April.2024
G City publishes its 2023 Q4 and 2023 results
29February 2024
February.2024
Citycon, a subsidiary of G City operating in Northern Europe, completed a bond issuance in which it raised euro 300 million. The bonds are for 5 years and bear a fixed interest rate of 6.5%. The issuance was over subscribed with high demand of around euro 2.1 billion, 7 times the amount the company sought to raise. The proceeds from the issuance will be used to refinance debt, mainly to refinance Citycon's short series that matures this year, as well as to reduce other short-term debt and for other general uses. Last week, Citycon completed an equity issuance of euro 48.2 million which also over subscribed with significant demand of around euro 200 million. Total demand in the two issuances made by Citycon last week amounted to around NIS 9 billion.
04February 2024
February.2024
G City Bond Issuance Received Demand for NIS 760 million. The Company will issue NIS 410 million.
31January 2024
January.2024
G City reports that its wholly owned subsidiary, G City Europe Limited, has completed the significant sale of Arkady Pankrac in Prague for approximately 259 million euros (approx. NIS 1.04 billion)
28January 2024
January.2024
G City completed the IPO process of most of its activity in Brazil through a secondary offering
12December 2024
December.2024
G City Reports Additional Step to Strengthen its Equity in the Amount of NIS 147 Million
11January 2024
January.2024
G City reports that its wholly owned subsidiary, Gazit Horizons Inc., has completed the transaction for the sale of BRIDGE TOWER property in Manhattan, New York, for approximately NIS 567 million ($153 million), similar to its book value at the time of signing the agreement. The property has a leasable area of 9,300 square meters and is leased to Home Depot and Starbucks. The property has a specific debt of approximately NIS 496 million (approximately $134 million) and the sale of the property reduced G City's debt by the full sale proceeds.
01October 2023
October.2023
G City completed the sale of its holding (4.3%) in the Eldorado property in São Paulo, Brazil, for approximately Brazilian real 93 million (approximately NIS 27 million)
29April 2023
April.2023
G City Europe Limited (“The Company”), has completed the purchase of a remaining 25% stake in the Arkady Pankrac Shopping Center in Prague, Czech Republic
26April 2023
April.2023
G City Europe Limited (“The Company”), signed a binding agreement for the disposal of all of its shares and financing in its Russian portfolio which includes 7 shopping centres,
29January 2023
January.2023
G City Announces a Private Equity Issuance and is Expected to Raise approximately NIS 150 million
15June 2022
June.2022
G City Sells Property in Slovakia for Approximately 118 Million Euro
02February 2022
February.2022
Gazit-Globe Listing its Brazilian Business on Sao Paolo Stock Exchange
18May 2021
May.2021
Gazit Brazil, a wholly owned subsidiary of Gazit-Globe, has completed raising debt of NIS 405 million in Brazil
02August 2021
August.2021
Gazit Globe Announces Offer to Acquire All Minority Owned Interest in its Subsidiary Atrium
18October 2021
October.2021
Atrium’s Independent Committee and Gazit Globe announce proposed merger for €3.63 per Atrium share in cash
23November 2021
November.2021
Proposed merger between Atrium and Gazit Hercules 2020 Limited - Publication of the Shareholder Circular
24December 2020
December.2020
Gazit-Globe Continues to Implement its Strategic Plan to Dispose of Non-Core Assets
23December 2020
December.2020
Gazit Horizons Acquires Iconic Harvard Square Building -1430 Massachusetts Avenue will be renovated and marketed to new retailers in 2021
04December 2019
December.2019
Gazit Globe and its Canadian Partnership to Acquire York Mills Centre in Toronto for Approximately CAD $250 Million
19November 2019
November.2019
Gazit Globe Reports Its Results for the Third Quarter and Nine Months Ended September 30, 2019
25October 2019
October.2019
Gazit Globe offer to acquire all minority shareholder interests in subsidiary Atrium has not been approved
11October 2019
October.2019
Gazit Globe Reaffirms its Commitment and Price for Atrium European Real Estate
01September 2019
September.2019
Gazit Globe Enters into An Agreement to Sell 6% of Atrium’s Shares to Phoenix Insurance as part of the transaction to Acquire All Remaining Minority Shareholder Interests in Atrium
21August 2019
August.2019
Gazit Globe Reports Its Results for the Second Quarter and the First Six Months of 2019
23July 2019
July.2019
Gazit Globe to acquire all remaining minority shareholder interests in subsidiary Atrium
22May 2019
May.2019
Gazit Globe Reports Its Results for the First Quarter of 2019
25March 2019
March.2019
Gazit Globe Updates U.S. Shareholders as to How to Accept Self Tender-Offer for Up to 10 Million of its Ordinary Shares
20March 2019
March.2019
Gazit Globe Announces Self Tender-Offer for Up to NIS 290 Million (Approximately $80.4 Million) of its Ordinary Shares
18March 2019
March.2019
Gazit Globe Reports Fourth Quarter and 2018 Annual Results
14March 2019
March.2019
Gazit Globe Rescheduled Date for Q4 2018 Results Conference Call
08March 2019
March.2019
Gazit-Globe Files Form 15F to Deregister in the U.S. Under the Securities Exchange Act of 1934
04March 2019
March.2019
Investor Presentation - Citi Conference 2019
28February 2019
February.2019
Gazit Globe Announces Entry into Strategic Transaction for the Sale of the Majority of its Stake in First Capital Realty for Approximately CAD $1.2 Billion
13February 2019
February.2019
Gazit-Globe Announces Planned NYSE Delisting, Deregistration and Termination of Reporting to SEC

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