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Gazit-Globe unit enters plan to sell Regency Centers shares

A unit of Gazit-Globe Ltd. entered into a pre-arranged trading plan to sell a portion of its Regency Centers Corp. common stock.

Under the plan, the Gazit-Globe unit may sell up to 2.5 million shares of Regency's common stock in specified periods between January 2018 and April 2018.

Chairman of Gazit-Globe Chaim Katzman is a non-executive vice chairman of the board of Regency.