DGAP-News: Gazit-Globe Announces Appointments to Its Board of Directors

(firmenpresse) - Gazit-Globe

16.01.2012 10:26
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TEL-AVIV, Israel, 2012-01-16 10:26 CET (GLOBE NEWSWIRE) --
Gazit-Globe (TASE:GLOB) (NYSE:GZT), one of the largest owners and operators of
supermarket-anchored shopping centers in the world, announces the appointment
of Mr. Gary Epstein and Mr. Douglas Sesler as new independent directors of the
Company.

Mr. Epstein is chair of the Global Corporate and Securities Department, a
member of the Executive Committee and a Principal Shareholder at Greenberg
Traurig, LLP, an international law firm. Mr. Epstein has been with Greenberg
Traurig since 1980. Mr. Epstein received a B.A. and B.H.L. in English and
Jewish Studies at Yeshiva University, an M.A. in English Literature from New
York University and a J.D. from Harvard Law School.

Mr. Sesler is a private real estate investor. From January 2009 through
February 2011, Mr. Sesler served as head of global real estate principal
investments of Bank of America, Merrill Lynch. From 2005 until December 2008,
Mr. Sesler served as managing partner and later as co-head of real estate
investment banking at Merrill Lynch. Mr. Sesler received a B.A. in Government
from Cornell University.

Chaim Katzman, Chairman of the Board, commented: 'We are very pleased to have
Gary Epstein and Douglas Sesler joining our Board of Directors. Gary's and
Douglas's experience in real estate and finance and their deep knowledge and
understanding of the global markets will greatly contribute to Gazit-Globe
following its recent listing on the New York Stock Exchange.'

About Gazit-Globe

Gazit-Globe is one of the largest owners and operators of supermarket-anchored
shopping centers in the world. In addition, the Company is active in North
America in the healthcare real estate sector. Gazit-Globe is listed on the Tel


Aviv Stock Exchange (TASE:GLOB) and is included in the TA-25 and the
Real-Estate 15 indices in Israel. The Company is also listed on the New York
Stock Exchange (NYSE:GZT). The Group operates properties with a total value of
approximately $18.5 billion in more than 20 countries and owns and operates
over 660 properties with a gross leasable area of 7.0 million square meters.

Forward Looking Statements

This release may contain forward-looking statements within the meaning of the
U.S. federal securities laws. These statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. Such
statements involve a number of known and unknown risks and uncertainties, many
of which are outside our control, that could cause our future results,
performance or achievements to differ significantly from the results,
performance or achievements expressed or implied by such forward-looking
statements. Important factors that could cause or contribute to such
differences include risks detailed in our public filings with the SEC. Except
as required by law, we undertake no obligation to update any forward-looking or
other statements herein, whether as a result of new information, future events
or otherwise.


CONTACT: Media Contact: press@gazitgroup.com
Investors Contact: IR@gazitgroup.com
Gazit-Globe Headquarters
1 HaShalom Rd.
Tel-Aviv, Israel
Tel: +972 3 6948000
News Source: NASDAQ OMX



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Language: English
Company: Gazit-Globe


Panama
Phone:
Fax:
E-mail:
Internet:
ISIN: PAL0605071A3
WKN:

End of Announcement DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 16.01.2012 - 10:26 Uhr
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News-ID 554339
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