The Israeli-based real estate developer Gazit-Globe will open a private subsidiary to invest in retail property in New York and the major cities of the United States of America. In December 2016, Gazit-Globe operated 426 shopping centres located in Israel, in Brazil, in several European countries, in Canada and in the U.S.A.. These covered 6.6 million sq.m GLA at a total asset value of US$22 billion.
In 2011, Gazit-Globe started focusing exclusively on supermarket-anchored shopping centres...