Company G City Ltd

Equities

GCT

IL0001260111

Real Estate Development & Operations

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per region

Sector Other Real Estate Development & Operations

Market Closed - TEL AVIV STOCK EXCHANGE Other stock markets 07:24:09 2024-04-25 am EDT			5-day change	1st Jan Change
1,088 ^ILa	-1.98%		-1.98%	-10.08%

Apr. 11	G City Ltd Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	G City Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

G City Ltd, former Gazit Globe Ltd, is an Israel-based real estate company specialized in retail premises. The Company is engaged, directly and through its subsidiaries in the acquisition, improvement, development and management of income-producing real estate for mixed uses including commercial, residential and office. Company's aim is to meet the needs of the population, In North America, Israel, Brazil, Northern, Central and Eastern Europe, focusing on densely populated urban areas in cities centrality. Its subsidiaries includes: European Atrium European Real Estate, Citycon, Gazit Brasil, Gazit Israel, Gazit Horizons.

Number of employees: 557

ILS in Million	2022	Weight	2023	Weight	Delta
Real Estate 100.0 %	2,303	100.0 %	2,438	100.0 %	+5.86%

ILS in Million	2022	Weight	2023	Weight	Delta
Northern Europe 49.5 %	1,113	48.3 %	1,206	49.5 %	+8.36%
Central and Eastern Europe 27.2 %	731	31.7 %	662	27.2 %	-9.44%
Israel 12.5 %	263	11.4 %	305	12.5 %	+15.97%
Brazil 7.9 %	174	7.6 %	192	7.9 %	+10.34%
United States 6.2 %	127	5.5 %	150	6.2 %	+18.11%
Adjustment to the Consolidated -4.7 %	-138	-6.0 %	-115	-4.7 %	-16.67%
Others 1.6 %	33	1.4 %	38	1.6 %	+15.15%

Managers	Title	Age	Since
Chaim Katzman FOU	Founder	74	82-04-30
Adi Jemini DFI	Director of Finance/CFO	46	16-01-15
Zvi Gordon CIO	Chief Investment Officer	38	14-12-31
Or Ackerman IRC	Investor Relations Contact	-	20-01-31
Revital Ester Kahlon LAW	General Counsel	44	15-05-31
Romano Vaisenberger AUD	Comptroller/Controller/Auditor	51	04-06-30
Doron Cohen AUD	Comptroller/Controller/Auditor	53	19-07-21

Members of the board	Title	Age	Since
Chaim Katzman FOU	Founder	74	82-04-30
Zehavit Cohen BRD	Director/Board Member	60	16-03-07
Ehud Arnon CHM	Chairman	73	18-03-27
Aviad Armoni BRD	Director/Board Member	64	20-05-25
Limor Shofman Gutman BRD	Director/Board Member	54	18-12-31
Shmuel Hauzer BRD	Director/Board Member	68	18-12-31
Modi Kenigsberg BRD	Director/Board Member	77	21-12-31

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	186,217,276	95,323,402 ( 51.19 %)	56,430 ( 0.0303 %)	51.19 %

Name	Equities	%	Valuation
NORSTAR HOLDINGS INC 48.14 %	89,609,047	48.14 %	279 M ILa
Migdal Insurance Co. Ltd. (Investment Portfolio) 9.521 %	17,725,117	9.521 %	55 M ILa
Menora Mivtachim Provident Funds Ltd. 9.495 %	17,676,112	9.495 %	55 M ILa
Phoenix Provident Fund Ltd. 3.360 %	6,255,032	3.360 %	19 M ILa
KSM Mutual Funds Ltd. 1.644 %	3,060,793	1.644 %	10 M ILa
Migdal Mutual Funds Ltd. 1.101 %	2,050,327	1.101 %	6 M ILa
Analyst IMS Mutual Funds Management (1986) Ltd. 0.4968 %	924,879	0.4968 %	3 M ILa
IBI Mutual Funds Management (1978) Ltd. 0.4881 %	908,621	0.4881 %	3 M ILa
SAUDI ARABIAN OIL COMPANY 0.4259 %	792,800	0.4259 %	2 M ILa
Chaim Katzman 0.2165 %	402,956	0.2165 %	1 M ILa

Name	%	Valuation
U-Bank Mutual Funds Ltd. -	-	- ILa
Sigma Mutual Funds Ltd. -	-	- ILa
Ayalon Mutual Funds Ltd. -	-	- ILa
Cramim Capital Markets Ltd. -	-	- ILa
IBI Mutual Funds Management (1978) Ltd. -	-	- ILa
Ayalim Mutual Funds Ltd. -	-	- ILa
Alumot Sprint Mutual Funds Management Ltd. -	-	- ILa
Sigma PCM Mutual Funds Management Co. Ltd. -	-	- ILa
Barometer Investment House Ltd. -	-	- ILa
More Mutual Funds Management (2013) Ltd. -	-	- ILa

Name	Equities	%	Valuation
CITYCON OYJ 49.65%	91,294,787	49.65%	377,237,363 $

G City Ltd.

8 Aharon Becker Street

6964316, Tel Aviv

+972 3 694 8000

http://www.gazitglobe.com

Name	Category and Sector
Gazit Midas Ltd. Gazit Midas Ltd. Real Estate DevelopmentFinance Part of G City Ltd., Gazit Midas Ltd. is a British multinational real estate investment company. The private company is based in St. Helier, UK.	Real Estate Development
Gazit Europe (Netherlands) BV
Gazit Gaia Ltd. Gazit Gaia Ltd. Financial ConglomeratesFinance Part of G City Ltd., Gazit Gaia Ltd. is a British company that provides investment services. The private company is based in St. Helier, UK.	Financial Conglomerates

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

10.88 ILS

Average target price

17 ILS

Spread / Average Target

+56.25%

Consensus

Real Estate

Real Estate

Real Estate Operations

Real Estate Development & Operations

Other Real Estate Development & Operations

	1st Jan change	Capi.
G CITY LTD	-10.08%	546M
MITSUI FUDOSAN CO., LTD.	+31.39%	28.38B
SUN HUNG KAI PROPERTIES LIMITED	-14.74%	26.6B
DLF LIMITED	+23.05%	26.54B
MITSUBISHI ESTATE CO., LTD.	+41.97%	23.07B
CHINA RESOURCES LAND LIMITED	-6.96%	23.03B
EMAAR PROPERTIES	+2.90%	19.81B
CHINA OVERSEAS LAND & INVESTMENT LTD.	-6.25%	16.96B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	+26.13%	16.75B
MACROTECH DEVELOPERS LIMITED	+18.54%	14.92B

Other Real Estate Development & Operations