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Gazit-Globe Ltd.

10:55 AM EST - Gazit-Globe Ltd. : announced today that its wholly-owned subsidiary, Gazit Brasil Ltda., has purchased 60% ownership of "Mais Shopping" in the city of Sao Paulo, for R$125 million (approximately $46 million U.S.) including transaction costs. This is Gazit Brasil's seventh acquisition in Brazil. Gazit-Globe Ltd. shares T.GZT are trading up $0.04 at $16.00.