Gazit-Globe's (GZT) second-quarter FFO grew to NIS 138 million or NIS 0.84 per share, from NIS 95 million or NIS 0.61 per share last year. Net income attributable to the company's shareholders totaled NIS 288 million or NIS 1.70 per share, compared with the prior year's NIS 281 million or NIS 1.80 per share.
Total revenues for three months were NIS 1.72 billion, higher than NIS 1.43 billion a year earlier. Rental income increased by 11% to NIS 1.27 billion compared to NIS 1.15 billion in the 2011 second quarter.
Additionally, the board declared a quarterly cash dividend of NIS 0.40 per share, payable on October 11, 2012 to shareholders of record as of September 24, 2012.
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