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Gazit-Globe unit raises shareholding in Atrium European Real Estate

Gazit-Globe Ltd.'s unit, Gazit Gaia Ltd., raised its shareholding in the parent company's other subsidiary, Atrium European Real Estate Ltd., to 30.10%, representing 113,592,937 ordinary shares, after purchasing 769,000 shares March 26.

Due to the Gazit Gaia's acquisition of shares, Gazit-Globe CEO and Vice Chairman Chaim Katzman became the sole controlling shareholder of Norstar Holdings Inc. and Gazit-Globe, according to a filing.