Azrieli Group to Report Fourth Quarter and Year-End 2011 Financial Results on March 22, 2012
TEL AVIV, Israel, March 19, 2012 /PRNewswire/ --
Azrieli Group ("the Company") (TASE: AZRG); announced today that it will release its fourth quarter 2011 financial results on Thursday, March 22, 2012.
On the same day, Azrieli Group's senior management will hold its annually conference call, hosted by Mr. Shlomo Sherf, CEO and Mr. Yuval Bronstein, CFO, at 16:00 Israel local time / 15:00 Central European Time / 14:00 London time and 10:00AM New-York/Canada time. The call will include a review of the Company's fourth quarter and year-end 2011 performance, as well as a discussion of the Company's strategy and its expectations for the future.
A Question & Answer session will follow the discussion.
To participate, please dial:
Israel 03-9180610
United States 1-888-668-9141
United Kingdom 0-800-917-5108
Netherlands 0-800-022-9568
Canada 1-866-485-2399
A power point presentation will be available through the Company's website at http://www.azrieli.com under Investor Relations → Presentations.
For Additional Information
The Company's financial statements and board of directors' report will be available on Azrieli Group's website at: http://www.azrieli.com, in the IR (Investor Relations) section. To be included in the Company's e-mail distributions for press releases, news and other company notices, please send your e-mail address to Mr. Moran Goder, Head of Investor Relations, at morango@azrieli.com or IR@azrieli.com.
About Azrieli Group
Azrieli Group Ltd. owns and operates one of Israel's largest portfolio of malls, shopping centers and office properties nationwide. The Company is publicly traded on the TASE under the symbol AZRG IT and is included in the TA-25 and TA-real-estate 15 indices. It is the only Israeli stock included in the EPRA Index. As of December 31, 2011, the Company has an equity market capitalization of about $2.9 billion. The Company operates mainly in Israel, and owns and manages properties with a gross leasable area of approx. 716,000 square meters; the Company had interests in 13 shopping centers comprising 255,000 square meters of leasable space across Israel, 8 office properties comprising 282,000 square meters of leasable space across Israel and 6 properties overseas (mainly in Houston, Texas) comprising 179,000 square meters of leasable space. In addition, the Company has 5 projects under development comprising 328,500 square meters of leasable space in Israel. Approx. 94% of the fair value of investment properties and properties under development relates to domestic properties (in Israel).
The Group has been specializing in shopping center and office space development, acquisitions, and management for the past 28 years. For further information, please visit the Company's web site at http://www.azrieli.com.
Contact Info
Moran Goder, Head of Investor Relations, Azrieli Group. Office: +972-3-6081310. morango@azrieli.com
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