Company Profile For Gazit Globe Ltd

Gazit-Globe Ltd. is an Israel-based global real estate company which owns, develops and operates neighborhood and community shopping centers in growing metropolitan areas in North and South America, Europe and Asia. The objectives of the Gazit Group operations are the creation of value through long-term maximization of cash flow and capital appreciation from its real estate portfolio. The Company operates its business through several subsidiaries. Equity One Inc., a real estate investment trust. First Capital Realty Inc. ProMed Properties Inc., engaged in the acquisition and management of medical office and medical-research buildings. Royal Senior Care LLC., specializes in senior housing communities. Citycon Oyj. and Atrium European Real Estate. Gazit Germany which is a developer and operator of neighborhood shopping centers. Gazit Bulgaria, a developer and operator of neighborhood shopping centers in Bulgaria and Gazit Brazil.

BRIEF: For the six months ended 30 June 2009, Gazit-Globe Ltd.'s total revenues increased 8% to NIS2.29B. Net income for the period decreased 31% to NIS173M. Total revenues reflect higher rental income from the Canadian, North European and United States geographical segments. Net income was offset due to higher general and administrative costs, in addition to a sharp increase in financing expenses.