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New Gazit Horizons to Target Up to $2B in US Investments

NEW YORK CITY—Globest.com in an exclusive interview with Mooallem delves into the fledgling company's investment goals going forward and what property types it is targeting and where.

By John Jordan | johnjordan | Updated on May 16, 2017

Gazit Horizon president and CEO Jeff Mooallem Gazit Horizons president and CEO Jeff Mooallem

NEW YORK CITY—Earlier this month Israeli real estate company Gazit-Globe Ltd. announced the formation of a new US investment subsidiary. In an exclusive interview with its newly appointed president and CEO Jeffrey Mooallem, Globest.com has learned that Gazit Horizons Inc. plans to make between $1 billion to $2 billion in investments in US real estate in the next few years.

In the interview,  Mooallem delves into the fledgling company’s investment goals going forward and what property types it is targeting and where. When announcing the formation of the U.S. subsidiary, Tel-Aviv-headquartered Gazit-Globe says that the subsidiary will use primarily its own capital and will invest in income-producing real estate nationwide.

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