#BDS: Israeli investors buy 7 US malls

"Malls – four in Georgia, two in Oregon and one in Florida – have annual operating income of around $7 million, says group led by Elbit Imaging

A group of investors led by Israel's Elbit Imaging Ltd. says it will buy seven US malls for $75 million from Australia's Charter Hall Retail.

The malls, four in Georgia, two in Oregon and one in Florida, have an annual operating income of around $7 million, Elbit said in a statement.

The malls cover 650,000 square feet and have an occupancy rate of 91% with tenants including Publix, Kroger, Albertsons, Safeway, Trader Joe's, Marshalls and Petsmart."

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