/NOT FOR DISTRIBUTION IN THE
In addition, a U.S. subsidiary of Gazit America has exercised its option to extend the maturity date of a US$8.4 million term loan bearing interest at LIBOR plus 140 basis points to
ABOUT GAZIT AMERICA (TSX: GAA)
Gazit America is focused on entrepreneurial real estate opportunities including the acquisition and development of income-producing properties, investments in public and private real estate entities, investments in joint ventures and other structured acquisitions and investments in commercial and residential mortgage-backed securities. Gazit America currently owns approximately 16% of Equity One, Inc. (NYSE: EQY), a US real estate investment trust, and two properties comprised of five medical office buildings totalling approximately 115,000 square feet of rentable space located in Cambridge and
For further information: For further information: Roni Soffer, Vice-Chair & interim C.E.O., or David Dinniwell, C.F.O., Gazit America Inc., 109 Atlantic Avenue, Suite 303, Toronto, Ontario, Canada, M6K 1X4, Tel: (416) 447-6400, Fax: (416) 447-6488, www.gazitamerica.com
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