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Gazit-Globe Q4 FFO Up - Quick Facts

Israel-based real-estate company Gazit-Globe (GZT, GLOB) said its fourth-quarter 2012 funds from operations or FFO rose to 137 million New Israeli Shekels, or 0.83 shekels per share, from 111 million shekels, or 0.71 shekels per share, in the 2011 period.

On the other hand, net income attributable to the company's shareholders totaled 224 million shekels, or 1.34 shekels per share, down from 269 million shekels, or 1.54 shekels per share, a year ago.

Quarterly rental income stood at 1.37 billion shekels, compared with the prior year's 1.25 billion shekels, up 10% year-on-year.

by RTTNews Staff Writer

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