JERUSALEM, Nov 20 (Reuters) -
* Gazit-Globe, Israel’s largest real-estate company, swung to a loss in the third quarter, partly due part to a wider fair value loss from investment property and investment property under development.
* The company reported on Monday a quarterly loss of 185 million shekels ($53 million) versus a 381 million profit a year earlier.
* Property rental income rose 2.7 percent to 718 million shekels, while net operating income (NOI) adjusted for exchange rates grew 6.8 percent to 516 million shekels.
* Economic FFO (funds from operation) adjusted for exchange rates gained 33 percent to 186 million shekels.
* The fair loss from investment property and investment property under development widened to 101 million shekels from 22 million.
* Gazit-Globe raised its outlook for economic FFO to 688-700 million shekels in 2017 from 635-649 million, or to 3.53-3.59 shekels per share from 3.25-3.32 shekels per share.
* The company said it would pay a quarterly dividend of 0.35 shekel per share, unchanged from the previous quarter.
* ($1 = 3.5143 shekels) (Reporting by Ari Rabinovitch; Editing by Steven Scheer)