About G City Ltd

Gazit Globe Ltd, through its subsidiaries and investees, owns, develops, and operates supermarket-anchored shopping centers and retail-based, mixed-use properties located in urban growth markets in North America, Brazil, Israel, and northern, central and eastern Europe. As of December 31, 2017, the company owned 32.6% in First Capital Realty Inc. (First Capital). First Capital owns 160 income-producing properties, primarily supermarket-anchored shopping centers, with a gross leasable area (GLA) of 2.2 million square meters, one property under development. As of April 25, 2018, the company also owned 8.3% in Regency Centers Corporation (Regency). Regency owns 426 properties, primarily supermarket-anchored shopping centers, with a total GLA of 5.5 million square meters. The company focuses its investments primarily on developed economies, including the United States, Canada, Sweden, Norway, Finland, Poland, the Czech Republic, and Israel. As of December 31, 2017, the company’s (including jointly-controlled and First Capital) asset base included 276 properties totaling approximately 52 million square feet of GLA. Properties Under Development The company had 16 properties under development or redevelopment as of December 31, 2017. Tenants and Leases The company has relationships with a group of major tenants in the regions in which the company operates. The company’s properties are subject to approximately 8,800 leases. As of December 31, 2017, the company had 5.1 million, 3.4 million, and 3.2 million square feet of GLA in its consolidated portfolio with leases expiring in 2018, 2019, and 2020, respectively. The company’s anchor/major tenants include Canadian Tire, CIBC, Dollarama, GoodLife Fitness, Loblaw Companies, RBC Royal Bank, Sobey’s, TD Canada Trust, Walmart, Coop, H&M, Kesko Corp., S-Group, Varner Group, AFM, A.S. Watson, ASPIAG, CCC, Carrefour, Hennes & Mauritz, Inditex, Kingfisher, LPP, Metro Group, Cinema City, Homecenter, Rami-Levy, Shufersal, Super-pharm, Cinepolis, Cinesystem, Decathlon, Forever 21, Lojas Americanas, Planet Girls & Polo Wear, Renner, Runner (gym), Tok Stok, Zaffari, Aldi, C&A, dm, Inter Continental Hotels Group, HIT, and Bed, Bath & Beyond. Investments in India The company has an agreement to invest in HIREF International LLC (Hiref), a real estate fund in India. Hiref invests directly and indirectly in real estate companies that operate in the development and construction field and in similar fields, including in special economic and trade zones, technological parks, combined municipal complexes, industrial parks, and buildings in the accommodation and leisure sector, such as hotels, residential buildings and commercial and recreation centers. Business and Growth Strategies The strategies that the company intend to execute include increasing its privately held real estate portfolio; continuing to focus on supermarket-anchored shopping centers in densely populated, urban areas; pursuing high growth opportunities to complement its stable asset base; improving the performance of existing assets; selectively developing new properties in strategic locations; and proactively optimizing its property base. Intellectual Property The company owns various trademarks in Israel, such as ‘Gazit-Globe’ (in Hebrew and in English), ‘AAA’, ‘LOCATION LOCATION LOCATION’ (text and design), and ‘G’; registered trademarks in the United States, such as ‘Gazit-Globe’, ‘G’ (design in black and white), and ‘G’ (design in color); and a registered trademark in the European Union, in Russia and in Brazil, such as LOCATION LOCATION LOCATION (design). History Gazit Globe, Ltd was incorporated in Israel in 1982.