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Israel real estate developer Gazit-Globe Q4 profit edges lower [Reuters]

REGENCY CENTERS (REG)  More Company Research Source: Reuters
Last regency centers earnings: 10/25 04:15 pm Check Earnings Report
PDF Israel real estate developer Gazit-Globe Q4 profit edges lower | Reuters Reuters Staff 1 Min Read JERUSALEM, March 28 (Reuters) - * Gazit-Globe, Israel’s largest real-estate company, recorded a slight decline in fourth-quarter net profit. * The company said on Tuesday it earned 583 million shekels ($167 million) in the quarter compared with 587 million a year earlier. * Property rental income rose to 726 million shekels from 712 million, while net operating income (NOI) was largely flat at 483 million shekels. * Economic FFO (funds from operation) slipped to 162 million shekels from 165 million, with the decline attributed to the sale of shares in Regency Centers and First Capital Realty. * Gazit-Globe will pay a quarterly cash dividend of 0.38 shekel per share, up from 0.35 shekel a share in the third quarter. * ($1 = 3.4967 shekels) (Reporting by Steven Scheer) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. A [Read more]

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