Connect with us

Hi, what are you looking for?

Jewish Business News

IPOs

Gazit-Globe intends to list its ordinary shares for trading on the Toronto Stock Exchange

Gazit-Globe Ltd. Celebrates Listing and First Day of Trading on the New York Stock Exchange IN

 New York Stock Exchange : The celebration of successful IPO and first day of  trading.  Roni Soffer, President of Gazit-Globe and Gadi Cunia, Executive Vice President and CFO witnessed the first trade and toured the trading floor.

Gazit-Globe (TASE: GZT; NYSE: GZT) a multi-national real estate companies focused on acquisition, development and redevelopment of supermarket-anchored shopping centers in major urban markets, announced today that it has applied to list its ordinary shares for trading on the Toronto Stock Exchange (the “TSX”).

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 the Company. Upon listing, the Company’s ordinary shares will trade on the Toronto Stock Exchange under the symbol GZT.

Roni Soffer, President of Gazit-Globe: “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.

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.”

About Gazit-Globe

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.

 

Click to comment

Newsletter

Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Advertisement