0001144204-11-033677.txt : 20110602 0001144204-11-033677.hdr.sgml : 20110602 20110602121725 ACCESSION NUMBER: 0001144204-11-033677 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110602 DATE AS OF CHANGE: 20110602 GROUP MEMBERS: CHAIM KATZMAN GROUP MEMBERS: FICUS, INC. GROUP MEMBERS: GAZIT (1995), INC. GROUP MEMBERS: GAZIT AMERICA, INC. GROUP MEMBERS: GAZIT MAPLE, INC. GROUP MEMBERS: M G N (USA) INC. GROUP MEMBERS: MGN AMERICA, LLC GROUP MEMBERS: SILVER MAPLE (2001), INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EQUITY ONE, INC. CENTRAL INDEX KEY: 0001042810 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 521794271 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54975 FILM NUMBER: 11887627 BUSINESS ADDRESS: STREET 1: 1600 N E MIAMI GARDENS DRIVE CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33179 BUSINESS PHONE: 305-947-1664 MAIL ADDRESS: STREET 1: 1600 N E MIAMI GARDENS DRIVE CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33179 FORMER COMPANY: FORMER CONFORMED NAME: EQUITY ONE INC DATE OF NAME CHANGE: 19970723 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Gazit-Globe Ltd CENTRAL INDEX KEY: 0001379009 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1 HASHALOM ST. CITY: TEL-AVIV STATE: L3 ZIP: 67892 BUSINESS PHONE: (212) 305-944-7988 MAIL ADDRESS: STREET 1: 1660 NE MIAMI GARDENS DRIVE, SUITE 1 CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33179 SC 13D/A 1 v224779_sc13da.htm
As filed with the Securities and Exchange Commission on June 2, 2011

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 17)

Equity One, Inc.
(Name of Issuer)

Common Stock, $0.01 Par Value Per Share
(Title of Class of Securities)

294752100
(CUSIP Number)

Mark Schonberger, Esq.
Goodwin Procter LLP
620 Eighth Avenue
New York, New York 10018-1405
(212) 813-8842
 (Name, Address and Telephone Number of Person Authorized
 to Receive Notices and Communications)

May 24, 2011
(Date of Event which Requires Filing of this Statement)
  
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ¨.
 
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.
 
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 

 
 
CUSIP No. 294752100
 
Page 2 of 19

SCHEDULE 13D

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Chaim Katzman
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) x
(b) ¨
 
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
Not Applicable
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States and Israel
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
882,186.25 (1)
8
SHARED VOTING POWER
50,398,013.717
9
SOLE DISPOSITIVE POWER
882,186.25 (1)
10
SHARED DISPOSITIVE POWER
50,398,013.717
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
51,280,199.967
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
¨
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
44.7%
14
TYPE OF REPORTING PERSON
IN
(1) See Explanatory Note for Item 5.
 
 
 

 
 
CUSIP No. 294752100
 
Page 3 of 19
 
SCHEDULE 13D

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gazit-Globe Ltd.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) x
(b) ¨
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
Not Applicable
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
50,210,977.717
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
50,210,977.717
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
50,210,977.717
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
43.8%
14
TYPE OF REPORTING PERSON
CO
 
 
 

 
 
CUSIP No. 294752100
 
Page 4 of 19
 
SCHEDULE 13D
 
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
M G N (USA) INC.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) x
(b) ¨
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
Not Applicable
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
35,930,907.717
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
35,930,907.717
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,930,907.717
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
31.3%
14
TYPE OF REPORTING PERSON
CO
 
 
 

 
 
CUSIP No. 294752100
 
Page 5 of 19
 
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAZIT (1995), INC.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) x
(b) ¨
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
7,646,801.057
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
7,646,801.057
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,646,801.057
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.7%
14
TYPE OF REPORTING PERSON
CO
 
 
 
 

 
 
CUSIP No. 294752100
 
Page 6 of 19
 
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MGN America, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) x
(b) ¨
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
Not Applicable
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
17,190,461.413
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
17,190,461.413
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,190,461.413
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.0%
14
TYPE OF REPORTING PERSON
CO
 
 
 

 
 
CUSIP No. 294752100
 
Page 7 of 19
 
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gazit Maple, Inc.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) x
(b) ¨
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
Not Applicable
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
14,280,070
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
14,280,070
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,280,070
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.5%
14
TYPE OF REPORTING PERSON
CO
 
 
 

 
 
CUSIP No. 294752100
 
Page 8 of 19
 
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gazit America, Inc.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) x
(b) ¨
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
Not Applicable
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
14,280,070
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
14,280,070
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,280,070
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.5%
14
TYPE OF REPORTING PERSON
CO
 
 
 

 
 
CUSIP No. 294752100
 
Page 9 of 19
 
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Silver Maple (2001), Inc.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) x
(b) ¨
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
Not Applicable
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
8,893,213
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
8,893,213
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,893,213
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.8%
14
TYPE OF REPORTING PERSON
CO
 
 
 

 
 
CUSIP No. 294752100
 
Page 10 of 19
 
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ficus, Inc.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) x
(b) ¨
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
Not Applicable
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
5,386,857
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
5,386,857
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,386,857
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.7%
14
TYPE OF REPORTING PERSON
CO
 
 
 

 
 
CUSIP No. 294752100
 
Page 11 of 19
 
Explanatory Note:  This Amendment No. 17 (this “Amendment”) to the Schedule 13D of Chaim Katzman, Gazit-Globe Ltd. (“Gazit”), M G N (USA) INC. (“MGN”), GAZIT (1995), INC. (“1995”), MGN America, LLC (“America”), Gazit Maple, Inc. (“GMI”), Gazit America, Inc. (“GAA”), Silver Maple (2001), Inc. (“Silver Maple”) and Ficus, Inc. (“Ficus”) (collectively, the “Gazit Group, we,” us” or the “Reporting Persons”) filed on October 10, 2001 (the “Initial 13D”) relates to the Common Stock, par value $0.01 each (“Shares”) of Equity One, Inc., a Maryland corporation (the “Issuer” or “Equity One”). The Initial 13D, together with Amendment No. 1 to the Initial 13D, filed February 26, 2003, Amendment No. 2 to the Initial 13D, filed July 31, 2007, Amendment No. 3 to the Initial 13D, filed August 8, 2007, Amendment No. 4 to the Initial 13D, filed January 18, 2008, Amendment No. 5 to the Initial 13D, filed July 8, 2008, Amendment No. 6 to the Initial 13D, filed October 14, 2008, Amendment No. 7 to the Initial 13D, filed October 24, 2008, Amendment No. 8 to the Initial 13D, filed November 4, 2008, Amendment No. 9 to the Initial 13D, filed November 13, 2008, Amendment No. 10 to the Initial 13D, filed April 24, 2009, Amendment No. 11 to the Initial 13D, filed August 14, 2009, Amendment No. 12 to the Initial 13D, filed March 29, 2010, Amendment No. 13 to the Initial 13D, filed June 7, 2010, Amendment No. 14 to the Initial 13D, filed December 23, 2010, Amendment No. 15, filed on January 18, 2011, Amendment No. 16 filed on April 4, 2011 and this Amendment No. 17 shall be collectively referred to herein as the “Schedule 13D.”
 
This Amendment No. 17 reflects the following changes:
 
 
·
Acquisition of 1,000,000 Shares by MGN from AH Investments US LP in a private transaction pursuant to an agreement dated May 19, 2011 that closed on May 24, 2011 (the “May Acquisition”).
 
 
·
Acquisition of 1,000,000 Shares by MGN in a private placement from Equity One in connection with its public follow-on offering that closed on May 24, 2011 (the “May Offering”).
 
Item 3. 
Source and Amount of Funds and Other Consideration.
 
Item 3 is amended and restated in its entirety as follows:
 
The net investment cost (including broker commissions) for the Shares acquired by each of Chaim Katzman, MGN, 1995, America, Silver Maple and Ficus is set forth in the table below.  No other Reporting Person directly holds Shares.
 
 
 

 
 
CUSIP No. 294752100
 
Page 12 of 19
 
 
Reporting Person
 
Shares Held
   
Approximate Net
Investment Cost
 
Chaim Katzman
    1,069,222.250 (1)       (2)
MGN
    11,093,645.247     $ 163,909,062  
1995
    7,646,801.057     $ 122,696,768  
America
    17,190,461.413     $ 258,114,010  
Silver Maple
    8,893,213.000     $ 115,735,503  
Ficus
    5,386,857.000     $ 69,160,000  
                 
Total
    51,280,199.967     $ 729,615,343 (3)
 

(1) Includes 187,036 Shares held of record by Mr. Katzman’s wife directly or as custodian for their daughters.  Does not include options held by Mr. Katzman.  See Explanatory Note for Item 5.
(2) Mr. Katzman has acquired his Shares through various restricted stock grants, through bonus awards accepted in the form of Shares and through the exercise of options.
(3) Excludes the Shares held directly and indirectly by Mr. Katzman not otherwise owned by another Reporting Person.
 
Other than in connection with the May Acquisition and May Offering, all Shares held by Chaim Katzman, MGN, 1995, America, Silver Maple and Ficus were acquired more than 60 days prior to the filing of this Schedule 13D.

Item 5. 
Interests in Securities of the Issuer.

Item 5 is hereby amended and restated in its entirety.

The aggregate percentage of Shares reported beneficially owned by each Reporting Person as of the date of filing of this Schedule 13D is based upon 114,648,524 Shares issued and outstanding, as reported by the Issuer in the prospectus supplement for the May Offering filed with the Securities and Exchange Commission on May 20, 2011.

Chaim Katzman

(a) 
Aggregate Number of Shares beneficially owned: 51,280,199.967 (44.7% of the Shares).

(b) 
Number of Shares as to which such person has:

 
(i) 
Sole power to vote or to direct the vote:  882,186.25

 
(ii) 
Shared power to vote or to direct the vote: 50,398,013.717

 
(iii) 
Sole power to dispose or to direct the disposition of:  882,186.25
 
 
 

 
 
CUSIP No. 294752100
 
Page 13 of 19
 
 
(iv) 
Shared power to dispose or to direct the disposition of: 50,398,013.717

Mr. Katzman may be deemed to control Gazit.  Of the Shares beneficially owned by Mr. Katzman as of the date of this filing:

 
·
Mr. Katzman has sole voting and dispositive power of 882,186.25 Shares held directly by him and indirectly through family trusts, which he controls (not including (i)187,036 Shares held of record by Mr. Katzman’s wife directly or as custodian for their daughters and (ii) Shares issuable on exercise of 437,317 options of which 327,987.75 are currently vested and exercisable and another 109,329.25 become vested on December 31, 2010); and

 
·
Mr. Katzman shares voting and dispositive authority over 11,093,645.247 Shares with Gazit and  MGN, as such Shares are directly held by MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

 
·
Mr. Katzman shares voting and dispositive authority over 7,646,801.057 Shares with Gazit, MGN and 1995, as such Shares are directly held by 1995, which is a wholly-owned subsidiary of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

 
·
Mr. Katzman shares voting and dispositive authority over 17,190,461.413 Shares with Gazit, MGN and America, as such Shares are directly held by America, which is a wholly-owned subsidiary of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

 
·
Mr. Katzman shares voting and dispositive authority over 8,893,213 Shares with Gazit, GAA and Silver Maple, as such Shares are directly held by Silver Maple, which is a wholly-owned subsidiary of GAA, which is controlled by GMI, a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

 
·
Mr. Katzman shares voting and dispositive authority over 5,386,857 Shares with Gazit, GAA and Ficus, as such Shares are directly held by Ficus, which is a wholly-owned subsidiary of GAA, which is controlled by GMI, a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control.

(c) 
Mr. Katzman has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by Mr. Katzman.

(e) 
Not applicable.
 
 
 

 
 
CUSIP No. 294752100
 
Page 14 of 19

Gazit

(a) 
Aggregate Number of Shares beneficially owned: 50,210,977.717 (43.8% of the Shares).

(b) 
Number of Shares as to which such person has:

 
(i) 
Sole power to vote or to direct the vote:  0

 
(ii) 
Shared power to vote or to direct the vote:  50,210,977.717

 
(iii) 
Sole power to dispose or to direct the disposition of:  0

 
(iv) 
Shared power to dispose or to direct the disposition of:  50,210,977.717

Of the Shares beneficially owned by Gazit as of the date of this filing:
 
 
·
Gazit shares voting and dispositive authority over 11,093,645.247 Shares with Mr. Katzman and MGN, as such Shares are held directly by MGN, a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

 
·
Gazit shares voting and dispositive authority over 7,646,801.057 Shares with Mr. Katzman, MGN and 1995, as such Shares are held directly by 1995, a wholly-owned subsidiary of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

 
·
Gazit shares voting and dispositive authority over 17,190,461.413 Shares with Mr. Katzman, MGN and America, as such Shares are held directly by America, a wholly-owned subsidiary of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

 
·
Gazit shares voting and dispositive authority over 8,893,213 Shares with Mr. Katzman GAA and Silver Maple as such Shares are held directly by Silver Maple, which is a wholly-owned subsidiary of GAA, which is controlled by GMI, a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

 
·
Gazit shares voting and dispositive authority over 5,386,857 Shares with Mr. Katzman GAA and Ficus as such Shares are held directly by Ficus, which is a wholly-owned subsidiary of GAA, which is controlled by GMI, a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control.

(c) 
Gazit has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by Gazit.
 
 
 

 
 
CUSIP No. 294752100
 
Page 15 of 19
 
(e) 
Not applicable.

MGN

(a) 
Aggregate Number of Shares beneficially owned: 35,930,907.717 (31.3% of the Shares).

(b) 
Number of Shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)         Shared power to vote or to direct the vote:  35,930,907.717

(iii)        Sole power to dispose or to direct the disposition of:  0

(iv)        Shared power to dispose or to direct the disposition of:  35,930,907.717

 
·
MGN shares voting and dispositive authority over all Shares it beneficially owns with Mr. Katzman and Gazit, as such Shares are held directly by MGN, America and 1995, wholly-owned subsidiaries of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

 
·
MGN shares voting and dispositive authority over 17,190,461.413 Shares it beneficially owns with America, as such Shares are held directly by America, a wholly-owned subsidiary of MGN; and

 
·
MGN shares voting and dispositive authority over 7,646,801.057 Shares it beneficially owns with 1995, as such Shares are held directly by 1995, a wholly-owned subsidiary of MGN.

(c)           Other than the May Acquisition and the May Offering, MGN has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by MGN.

(e)           Not applicable.

1995

(a)           Aggregate Number of Shares beneficially owned: 7,646,801.057 (6.7% of the Shares).

(b)           Number of Shares as to which such person has:
 
 
 

 
 
CUSIP No. 294752100
 
Page 16 of 19

(i)           Sole power to vote or to direct the vote:  0

(ii)         Shared power to vote or to direct the vote:  7,646,801.057

(iii)        Sole power to dispose or to direct the disposition of:  0

(iv)        Shared power to dispose or to direct the disposition of:  7,646,801.057

 
·
1995 shares voting and dispositive authority over all Shares it beneficially owns with Mr. Katzman, Gazit and MGN, as such Shares are held directly by 1995, a wholly-owned subsidiary of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control.

(c)           1995 has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by 1995.

(e)           Not applicable.

America

(a)           Aggregate Number of Shares beneficially owned: 17,190,461.413 (15.0% of the Shares).

(b)           Number of Shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)         Shared power to vote or to direct the vote:  17,190,461.413

(iii)        Sole power to dispose or to direct the disposition of:  0

(iv)        Shared power to dispose or to direct the disposition of:  17,190,461.413

 
·
America shares voting and dispositive authority over all Shares it beneficially owns with Mr. Katzman, Gazit and MGN, as such Shares are held directly by America, a wholly-owned subsidiary of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control.

(c)           America has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by America.
 
 
 

 
 
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(e)           Not applicable.

GMI

(a)           Aggregate Number of Shares beneficially owned: 14,280,070 (12.5% of the Shares).

(b)           Number of Shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)         Shared power to vote or to direct the vote:  14,280,070

(iii)        Sole power to dispose or to direct the disposition of:  0

(iv)        Shared power to dispose or to direct the disposition of:  14,280,070

 
·
GMI shares voting and dispositive authority over 8,893,213 Shares it beneficially owns with Mr. Katzman, Gazit and Silver Maple, as such Shares are held directly by Silver Maple, a wholly-owned subsidiary of GAA, which is controlled by GMI, a wholly-owned subsidiary of Gazit.  Mr. Katzman may be deemed to control Gazit; and

 
·
GMI shares voting and dispositive authority over 5,386,857 Shares it beneficially owns with Mr. Katzman, Gazit, and Ficus, as such Shares are held directly by Ficus, a wholly-owned subsidiary of GAA, which is controlled by GMI, a wholly-owned subsidiary of Gazit. Mr. Katzman may be deemed to control Gazit.

(c)           GMI has not effected any transaction in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by GMI.

(e)           Not applicable.
 
GAA

(a)           Aggregate Number of Shares beneficially owned: 14,280,070 (12.5% of the Shares).

(b)           Number of Shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)         Shared power to vote or to direct the vote:  14,280,070

(iii)        Sole power to dispose or to direct the disposition of:  0
 
 
 

 
 
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(iv)        Shared power to dispose or to direct the disposition of:  14,280,070

 
·
GAA shares voting and dispositive authority over 8,893,213 Shares it beneficially owns with Chaim Katzman, Gazit, and Silver Maple, as such Shares are held directly by Silver Maple, a wholly-owned subsidiary of GAA, which is controlled by GMI, a wholly-owned subsidiary of Gazit, which may be deemed to be controlled by Chaim Katzman; and

 
·
GAA shares voting and dispositive authority over 5,386,857 Shares it beneficially owns with Chaim Katzman, Gazit, and Ficus, as such Shares are held directly by Ficus, a wholly-owned subsidiary of GAA, which is controlled by GMI, a wholly-owned subsidiary of Gazit, which may be deemed to be controlled by Chaim Katzman.

(c)           GAA has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by GAA.

(e)           Not applicable.

Silver Maple

(a)           Aggregate Number of Shares beneficially owned: 8,893,213 (7.8% of the Shares).

(b)           Number of Shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)         Shared power to vote or to direct the vote:  8,893,213

(iii)        Sole power to dispose or to direct the disposition of:  0

(iv)        Shared power to dispose or to direct the disposition of:  8,893,213

 
·
Silver Maple shares voting and dispositive authority over 8,893,213 Shares it beneficially owns with Chaim Katzman, Gazit, and GAA, as such Shares are held directly by Silver Maple, a wholly-owned subsidiary of GAA, which is controlled by GMI, a wholly-owned subsidiary of Gazit, which may be deemed to be controlled by Chaim Katzman.

(c)           Silver Maple has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by Silver Maple.
 
 
 

 
 
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(e)           Not applicable.

Ficus

(a)           Aggregate Number of Shares beneficially owned: 5,386,857 (4.7% of the Shares).

(b)           Number of Shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)         Shared power to vote or to direct the vote:  5,386,857

(iii)        Sole power to dispose or to direct the disposition of:  0

(iv)        Shared power to dispose or to direct the disposition of:  5,386,857

 
·
Ficus shares voting and dispositive authority over 5,386,857 Shares it beneficially owns with Chaim Katzman, Gazit, and GAA, as such Shares are held directly by Ficus, a wholly-owned subsidiary of GAA, which is controlled by GMI, a wholly-owned subsidiary of Gazit, which may be deemed to be controlled by Chaim Katzman.

(c)           Ficus has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by Ficus.

(e)           Not applicable.

 
 

 

SIGNATURES

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 
CHAIM KATZMAN
     
Date:  June 2, 2011
By:
/s/ Chaim Katzman
 
 
GAZIT-GLOBE, LTD.
     
Date:  June 2, 2011
By:
/s/ Chaim Katzman
   
Name:  Chaim Katzman
   
Title:    Chairman
     
Date:  June 2, 2011
By:
/s/ Varda Zuntz
   
Name:  Varda Zuntz
   
Title:    Corporate Secretary
 
 
M G N (USA) INC.
     
Date:  June 2, 2011
By:
/s/ Chaim Katzman
   
Name:  Chaim Katzman
   
Title:    President
     
Date:  June 2, 2011
By:
/s/ Sean Kanov
   
Name:  Sean Kanov
   
Title:    Controller
 
 
 

 
 
 
GAZIT (1995), INC.
     
Date:  June 2, 2011
By:
/s/ Chaim Katzman
   
Name:  Chaim Katzman
   
Title:    President
     
Date:  June 2, 2011
By:
/s/ Sean Kanov
   
Name:  Sean Kanov
   
Title:    Controller
 
 
MGN AMERICA, LLC
     
Date:  June 2, 2011
By:
/s/ Chaim Katzman
   
Name:  Chaim Katzman
   
Title:    President
     
Date:  June 2, 2011
By:
/s/ Sean Kanov
   
Name:  Sean Kanov
   
Title:    Controller
 
 
GAZIT MAPLE, INC.
   
Date:  June 2, 2011
By:
/s/ Chaim Katzman
   
Name:  Chaim Katzman
   
Title:    Authorized Signatory
     
Date:  June 2, 2011
By:
/s/ Alexandra Correia
   
Name:  Alexandra Correia
   
Title:    Authorized Signatory
 
 
 

 
 
 
GAZIT AMERICA, INC.
   
Date:  June 2, 2011
By:
/s/ Gail Mifsud
   
Name: Gail Mifsud
   
Title:   Chief Executive Officer
     
Date:  June 2, 2011
By:
/s/ Lenis Quan
   
Name: Lenis Quan
   
Title:   Chief Financial Officer
     

 
SILVER MAPLE (2001), INC.
     
Date:  June 2, 2011
By:
/s/ Gail Mifsud
   
Name: Gail Mifsud
   
Title:   Vice President
     
Date:  June 2, 2011
By:
/s/ Lenis Quan
   
Name: Lenis Quan
   
Title:   Secretary & Treasurer

 
 

 
 
 
FICUS, INC.
   
Date:  June 2, 2011
By:
/s/ Gail Mifsud
   
Name: Gail Mifsud
   
Title:   Vice President
     
Date:  June 2, 2011
By:
/s/ Lenis Quan
   
Name: Lenis Quan
   
Title:   Secretary & Treasurer