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Gazit-Globe Expands Its US Presence

NEW YORK CITY-The Israeli-based owner/operator of supermarket-anchored shopping centers rang the opening bell at the New York Stock Exchange on Feb. 22, signaling the company’s expansion into the American market.

By Jacqueline Hlavenka | Updated on March 02, 2012

NEW YORK CITY-Signaling the company’s expansion into the American market, Gazit-Globe, a Tel Aviv-based owner/operator of supermarket anchored shopping centers, is now listed on the New York Stock Exchange under the symbol ‘GZT’ after closing its US initial public offering.

In celebration of the company’s listing, Gazit officials rang the opening bell at the NYSE on Feb. 22. “It’s really about the company becoming a global entity,” Chaim Katzman, chairman of Gazit-Globe tells GlobeSt.com, a week after the listing went public. “We want to have more exposure to investors on a broader base, and this is why we are listing in New York City.”

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