From good to exceptional

That’s certainly the belief of Chaim Katzman, the chairman of the board of directors and majority stakeholder of Atrium European Real Estate as well as the CEO of Gazit Globe. “At this point in time, the entire world is going for high ROI. In our sector, the retail property market, we are searching for the best options for each individual asset. Theoretically, we could acquire a shopping centre that doesn’t generate any ROI. But if we have a good idea for it, such as shaking up the tenant mix, enlarging it or even demolishing the existing building to develop a new centre with a different purpose and profile, then we can expect a return on such a project. We have the real estate – and not just financial – expertise to do this. We bought the Wars Sawa Junior department store complex in Warsaw because of its potential. Besides, it’s extraordinary property – and these are always worth buying. Such properties, however, are not put up for sale every