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BRIEF-Gazit Globe to deconsolidate FCR from its financial statements

March 20 Gazit Globe Ltd:

* Gazit Globe provides further update on First Capital Realty Inc. (“FCR”) share sale

* As a result of its previously announced sale of FCR shares, co will deconsolidate FCR from its financial statements

* Gazit Globe Ltd - in its financial results for Q1 2017, co expected to recognize an increase of approximately NIS 800 million in its shareholders' equity Source text for Eikon: Further company coverage:

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