Gazit-Globe Announces the Acquisition of Prado Shopping Center in

FOR IMMEDIATE RELEASE:
Gazit-Globe Announces the Acquisition
of Prado Shopping Center in the state of Sao Paulo, Brazil
TEL-AVIV, ISRAEL; SAO PAULO, BRAZIL ; January 14, 2013 - Gazit-Globe (TASE: GLOB; NYSE: GZT),
one of the largest owners and operators of supermarket-anchored shopping centers in the world, announces that its
private subsidiary, Gazit Brazil, has completed the acquisition of Prado Shopping Center located in the city of
Campinas, in the state of Sao Paulo, Brazil, for BRL 40 million (approximately US$ 20 million).
The city of Campinas, which is located approximately100 kilometers northwest from the state capital, Sao Paulo
City, has an affluent population and is considered to be one of the richest cities in Brazil, hosting multiple
domestic and international companies.
Prado Shopping Center comprises of 9,500 square meters of GLA and is anchored by Pao de Acucar, one of the
leading supermarket chains in Brazil. The property is situated on one of the city’s main streets that serves as a
direct traffic artery to the city center; approximately 130,000 inhabitants live within a 3 kilometer radius of the
property and approximately 470,000 within a 6 kilometer radius. Prado Shopping Center offers entertainment with
a 4-auditorium movie theater, as well as convenience services that include a bank, a pharmacy, a food court with
McDonalds, Subway and other restaurants, a fitness center, a hair salon and a laundry service.
Mordejai Goldenberg, CEO of Gazit Brazil: "We are very pleased with the acquisition of Prado Shopping
Center, which serves a great addition to our portfolio and is in line with our disciplined acquisition strategy. The
shopping center is strategically located on a main traffic artery in the city of Campinas, the third largest city in the
state of Sao Paulo, and is located within a very affluent community. In addition to the attractive going-in return,
we see potential upside in the property that we plan to realize through proactive asset management over the
coming years.”
Roni Soffer, President of Gazit-Globe: “This acquisition fits well with our Group’s investment strategy to
acquire properties in urban locations with strong demographics, anchored by a leading local supermarket chain,
that have great growth potential. We are committed to strengthening our foothold in Brazil and our local
management team continues to actively search for more quality assets to acquire and develop.”
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
New York Stock Exchange (NYSE: GZT). The Company is also 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 Group operates properties with a
total value of approximately $19.8 billion in more than 20 countries, owns and operates over 600 properties with a
gross leasable area of approximately 6.6 million square meters. www.gazit-globe.com
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 forwardlooking or other statements herein, whether as a result of new information, future events or otherwise.
For more information
Gazit-Globe:
Investors Contact: [email protected]
Media Contact: [email protected]
Gazit-Globe Headquarters, Tel-Aviv, Israel, Tel: +972 3 6948000
Gazit Brazil:
Mordejai Goldenberg, CEO, [email protected]
Media Contact, Brazil, [email protected]