Gazit Globe Reports Fourth Quarter and 2018 Annual Results
GAZIT-GLOBE (GZT)
Last gazit-globe earnings: 11/20 04:56 am
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US:NYSE Investor Relations:
gazitglobe.com/investor-relations
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Source: GlobeNewswire
Improvement in All Operational Parameters in the Period Increase in the proportionate NOI of approx. 5.8% and 8.8% in the period and in the quarter, respectively;Same property NOI growth of 3.1%;Increase of approx. 9.5% in FFO per share and of approx. 35.3% in the FFO per share excluding Regency in the quarter compared with the same quarter in 2017;Increase of approx. 21.1% in the operating cash flow on expanded solo level to NIS 545 million (approx. NIS 2.83 per share); Occupancy increased by 1.0% to 96.6%;Fair value gain of NIS 481 million in 2018 in investment properties of our private portfolio due to increase in NOI;Dividend increase by approx. 6.6% to NIS 1.62 per share from NIS 1.52 per share. TEL-AVIV, Israel, March 18, 2019 (GLOBE NEWSWIRE) -- Gazit Globe (TASE: GZT), a leading global real estate company focused on the ownership, management and development of retail and mixed use properties in urban markets, announced today its financial results for the fourth quarter a
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