Tel Aviv, Israel, Gazit-Globe (TASE: GLOB) Israel's leading owner, developer and operator of income producing real estate closed a senior secured debenture offering with a total of approximately NIS 403 million ($97 million) and approximately 201.5 million warrants to NIS 201.5 ($48.5 million) million senior secured debentures.

Series 10 (CPI linked) new debentures - will carry a 6.5% coupon paid semi-annually with a semi – annually principal payments of 1% from September 2014 to March 2019 and a 90% last principal payment on September 2019.

Series 10 new warrants – can be exercise any business day until December 20, 2009 to series 10 debentures with an exercise price of 97% of par value.

The net proceeds from the offering will be used to pay down amounts owing on certain of Gazit – Globe's revolving credit facilities and refinance of short term debt.

The offering was led by Leader capital markets, Clal Betucha Underwriting, Excellence Nessuah Underwriting, DS-Apex Underwriting, menorah-mivtchim Underwriting, Leumi partners, and Poalim-IBI Underwriting.

Based on the five day volume weighted average price of First Capital Realty s shares on February 6, 2009, this equates to $14.23 per Unit. The issuance of the common shares to these institutional investors is conditional on receipt of the approval of the Toronto Stock Exchange. The acquisitions are on customary terms including a price protection mechanism that expires six months following closing. The acquisitions are expected to close on or about February 17, 2009. Together with the Units currently owned by First Capital Realty, First Capital Realty will own or exercise control over an aggregate of 3,453,100 Units, representing approximately 11% of the issued and outstanding Units.

The Units have been acquired for investment purposes; however, First Capital Realty has indicated to Allied that it would like to engage in discussions with Allied to explore business opportunities, which may or may not result in a business combination. First Capital Realty does not currently intend to initiate a formal take-over bid for Allied. First Capital Realty may, in the future, take such actions in respect of its holdings as it may deem appropriate in light of the circumstances then existing, including the purchase of additional securities of Allied through open market purchases or privately negotiated transactions, or the sale of all or a portion of its holdings in the open market or in privately negotiated transactions to one or more purchasers.

Under the agreement, Equity One will issue 866,373 shares of its common stock in exchange for a total of 1,237,676 DIM shares or share equivalents (or an exchange ratio of 0.7 of a share of common stock per DIM share) at an initial closing, expected to occur no later than January 14, 2009. In addition, Equity One will obtain from Homburg voting rights with respect to another 766,573 DIM shares that Homburg has the right to acquire on October 1, 2010. Subject to certain conditions, the agreement also provides for Equity One to acquire these DIM shares or share equivalents at the same 0.7 exchange ratio (or an aggregate of 536,601 shares of Equity One common stock) from Homburg once Homburg has acquired them. The agreement also provides for customary registration rights with respect to the Equity One common stock issued to Homburg.

As a result of the initial exchange and the voting rights agreement, Equity One will at the initial closing have voting control over 73.3% of DIM’s ordinary shares, including the approximately 4 million DIM shares it already owns and excluding treasury shares.

“We are pleased to be able to acquire an additional 24% interest in DIM Vastgoed from Homburg,” said Jeff Olson, CEO of Equity One. “We look forward to formulating plans for DIM’s future together with the company’s Supervisory and Management Boards.”

ABOUT EQUITY ONE, INC.

As of September 30, 2008, Equity One owned or had interests in 162 properties, consisting of 146 shopping centers comprising approximately 16.0 million square feet, six projects in development/redevelopment, six non-retail properties, and four parcels of land.

FORWARD LOOKING STATEMENTS

Certain matters discussed by Equity One in this press release constitute forward-looking statements within the meaning of the federal securities laws. Although Equity One believes that the expectations reflected in such forward-looking statements is based upon reasonable assumptions, it can give no assurance that these expectations will be achieved. Factors that could cause actual results to differ materially from current expectations include changes in macroeconomic conditions and the demand for retail space in the states in which Equity One owns properties; the continuing financial success of Equity One’s current and prospective tenants; continuing supply constraints in its geographic markets; the availability of properties for acquisition; the success of its efforts to lease up vacant space; the effects of natural and other disasters; the ability of Equity One successfully to integrate the operations and systems of acquired companies and properties; and other risks, which are described in Equity One’s filings with the Securities and Exchange Commission.

Under the agreement, Equity One will issue 866,373 shares of its common stock in exchange for a total of 1,237,676 DIM shares or share equivalents (or an exchange ratio of 0.7 of a share of common stock per DIM share) at an initial closing, expected to occur no later than January 14, 2009. In addition, Equity One will obtain from Homburg voting rights with respect to another 766,573 DIM shares that Homburg has the right to acquire on October 1, 2010. Subject to certain conditions, the agreement also provides for Equity One to acquire these DIM shares or share equivalents at the same 0.7 exchange ratio (or an aggregate of 536,601 shares of Equity One common stock) from Homburg once Homburg has acquired them. The agreement also provides for customary registration rights with respect to the Equity One common stock issued to Homburg. As a result of the initial exchange and the voting rights agreement, Equity One will at the initial closing have voting control over 73.3% of DIM’s ordinary shares, including the approximately 4 million DIM shares it already owns and excluding treasury shares. “We are pleased to be able to acquire an additional 24% interest in DIM Vastgoed from Homburg,” said Jeff Olson, CEO of Equity One. “We look forward to formulating plans for DIM’s future together with the company’s Supervisory and Management Boards.” ABOUT EQUITY ONE, INC. As of September 30, 2008, Equity One owned or had interests in 162 properties, consisting of 146 shopping centers comprising approximately 16.0 million square feet, six projects in development/redevelopment, six non-retail properties, and four parcels of land. FORWARD LOOKING STATEMENTS Certain matters discussed by Equity One in this press release constitute forward-looking statements within the meaning of the federal securities laws. Although Equity One believes that the expectations reflected in such forward-looking statements is based upon reasonable assumptions, it can give no assurance that these expectations will be achieved. Factors that could cause actual results to differ materially from current expectations include changes in macroeconomic conditions and the demand for retail space in the states in which Equity One owns properties; the continuing financial success of Equity One’s current and prospective tenants; continuing supply constraints in its geographic markets; the availability of properties for acquisition; the success of its efforts to lease up vacant space; the effects of natural and other disasters; the ability of Equity One successfully to integrate the operations and systems of acquired companies and properties; and other risks, which are described in Equity One’s filings with the Securities and Exchange Commission.

Tel Aviv (June 4, 2008) – Gazit Globe, Ltd., one of the world’s largest owners, developers and operators of income producing properties, today announced the acquisition of land for development of shopping center. The land is located in the middle of Friedrichsdorf, one of the upmarket cities in the Frankfurt area. The Friedrichsdorf market is characterized by a relatively high consumer purchasing power compared to the average in Germany.

The plan, subject to final approval, is to develop a shopping center of 16,000 square meters GLA (about 170,000 square feet) and a management building for an international food company with an area of about 5,000 square meters GLA (about 54,000 square feet). The total cost of the project is estimated at approximately EUR 55 million, with the opening planned for 2011. Michael Bar Chaim, CEO of Gazit Globe: "We are continuing to expand our portfolio of shopping centers in Germany, both through the acquisition of shopping centers, as well as through construction and development of centers from the land acquisition phase.

The Gazit Globe Group has the knowledge and experience required for the development and management of shopping centers, which are and will be expressed in these projects and in the management of existing centers. We still see a healthy pipeline of potential acquisition and development in the country that will further enlarge our portfolio.”

The shopping center is located above a central underground train station through which some 53,000 passengers pass daily, and is close to two major roads on which some 75,000 vehicles travel daily. In addition, the shopping center is adjacent to the “Gasteig”, the concert hall of the Munich Philharmonic Orchestra. Along with its excellent access, there are no competing shopping centers close by.

The property is a neighborhood shopping center with overall Gross Leasable Area (GLA) of 8,543 square meters. The center is located in an affluent urban area with high socioeconomic characteristics and its anchor tenants are two of the leading supermarket chains in Germany (Kaiser’s and Aldi).

This investment marks an additional step in the expansion of operations in the German shopping centers sector and is in line with the company’s business strategy, which focuses primarily on the acquisition, development and management of “necessity-driven” income-producing properties in growing urban areas.

The Anchor tenants include leading retail chains in Germany. The purchase price of €20 million including closing costs was satisfied in cash. This acquisition further expands the company’s shopping center portfolio in Germany and is in line with Gazit Globe's strategy.

Amir Gal, president of Gazit Europe stated: "This acquisition is part of our strategy to build up a leading business platform in Germany with focus on strong urban areas. This acquisition marks our first footprint in the North Rhine-Westphalia region. We intend to expand our business further by acquiring and developing quality, well located assets anchored by strong national tenants

The planned center is a 24,500 sq.m shopping center centrally located in an affluent suburb in south-east Frankfurt. To date, the company has signed contracts for 85% of the leasable area. Anchor tenants include two of the leading supermarket chains in Germany (REWE & Aldi). Construction will commence immediately. This acquisition further expands the company shopping center portfolio in Germany and is in line with Gazit Globe's strategy.

Amir Gal, president of Gazit Europe stated: "This acquisition is part of our strategy to build up a leading business platform in Germany with focus on strong urban areas. This acquisition marks our first footprint in the Frankfurt area. We intend to expand our business further by acquiring and developing quality, well located assets anchored by strong national tenants."

Gazit-Globe announced today that it has completed the acquisition of a shopping center, its second property acquired, in Hamburg Germany for a total purchase price of approximately €23 million which was paid in cash. In addition the company entered into an agreement to buy a plot of land for future retail development. The center is a 12,572 sq.m community shopping center centrally located in an affluent suburb in south-east Hamburg. Anchor tenants include two of the leading supermarket chains in Germany (EDEKA & Aldi).

In addition the company has entered into an agreement to buy a plot of land for future retail development in another suburb of Hamburg. The agreement is subject to customary closing conditions such as certain municipal approvals. These acquisitions further expand the company shopping center portfolio in Germany and are in line with Gazit Globe's strategy.

Gazit-Globe announced today the closing of an acquisition of a shopping center in Hamburg, Germany. The cost of the acquisition, amounting to € 33 million, has been settled in cash. This acquisition represents the Company’s initial entry into the shopping center sector in Germany and was performed as part of its strategy to bolster European operations in the shopping center sector.

The center is a neighborhood shopping center (Fachmarkt centrum), the construction of which was recently completed. The center has G.L.A of 12,252 square meters and is located in a growth urban area in the northeastern suburbs of Hamburg, adjacent to the autobahn to Berlin. It is also in close proximity to a main train station, a bus terminal and Hamburg’s main TV studios. Germany’s second largest supermarket chain (REWE) is the property’s main anchor tenant occupying 72% of the center’s space under a long-term lease; a further 8% of the space in the center is designated for medical offices and clinics. The Company intends to expand its operations in Hamburg, which is one of Germany’s strongest economic powerhouses; In tandem with the foregoing acquisition, the Company has opened a regional office in the city employing local managers with strong track record.

Amir Gal, the President of Gazit Europe, said: “This acquisition was made after making a long and pedant assessment of the shopping center sector in Germany, which is the world’s third largest economy (with a AAA rating), and we consider it as having a significant potential for creating a dynamic and strong business platform, which will generate adequate returns in this region. The acquisition of this neighborhood shopping center, which is located in a growing, urban area and is anchored by a leading supermarket chain, is in line with the Company’s global business strategy”.