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Israel's Gazit Globe bets on East Europe real estate with Atrium stake increase

TEL AVIV (Reuters) – Israeli real estate developer Gazit Globe (GZT.TA) has agreed to buy the 40% of Atrium European Real Estate (ATRS.VI) it does …Read more





Israels Gazit Globe bets on East Europe real estate with Atrium stake increase

TEL AVIV Reuters – Israeli real estate stocks in Europe Atrium shares reversed a year-long decline of 16 on news of the deal while shares in Gazit Globe which has held a controlling
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Worrying omens for Central and Eastern Europe as Meinl Airports is liquidated and SkyEurope battle

The oldest of the trio of Meinl companies Meinl European Land was taken over by Israeli real estate investor Gazit Globe in 2008 and renamed Atrium European Real Estate European LCC lives on against all odds SkyEuropes shares plunged 34 on
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Israels Gazit Globe bets on East Europe real estate

noting the negative sentiment towards real estate stocks in Europe Atrium shares reversed a year-long decline of 16 on news of the deal while shares in Gazit Globe which has held a controlling stake in Atrium since 2008 were up 95 percent in Tel Aviv
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