SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D*
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. __)*
UNITED INVESTORS REALTY TRUST
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, no par value
--------------------------------------------------------------------------------
(Title of Class of Securities)
910741107
--------------------------------------------------------------------------------
(CUSIP Number)
Chaim Katzman
c/o M.G.N. (USA), Inc.
Gazit-Globe (82) Ltd.
1696 Northeast Miami Gardens Drive
North Miami, FL 33179
(305) 947-1664
--------------------------------------------------------------------------------
(Name, address and telephone number of person
authorized to receive notices and communications)
September 18, 2000
--------------------------------------------------------------------------------
(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 which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), 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 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 the 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 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)
Page 1 of 11
<PAGE>
------------------------------- -------------------------------
CUSIP No. 910741107 SCHEDULE 13D Page 2 of 11 Pages
------------------------------- -------------------------------
<TABLE>
<S> <C> <C>
------- ----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Chaim Katzman [ IRS #: ###-##-####]
------- ----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
------- ----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------- ----------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
------- ----------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [ ]
------- ----------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel and the United States
----------------------------------- ------ --------------------------------------------- -------------------------------------------
NUMBER OF 7 SOLE VOTING POWER -0-
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
------ --------------------------------------------- -------------------------------------------
8 SHARED VOTING POWER 449,370
------ --------------------------------------------- -------------------------------------------
9 SOLE DISPOSITIVE POWER -0-
------ --------------------------------------------- -------------------------------------------
10 SHARED DISPOSITIVE POWER 449,370
------- ----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
449,370
------- ----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ** [ ]
------- ----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.0%
------- ----------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
------- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
** See instructions before filling out!
<PAGE>
------------------------------- -------------------------------
CUSIP No. 910741107 SCHEDULE 13D Page 3 of 11 Pages
------------------------------- -------------------------------
<TABLE>
<S> <C> <C>
------- ----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
M.G.N. (USA), Inc. [IRS #: ###-##-####]
------- ----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
------- ----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------- ----------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS **
WC
------- ----------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [ ]
------- ----------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
----------------------------------- ------ --------------------------------------------- -------------------------------------------
NUMBER OF 7 SOLE VOTING POWER -0-
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
------ --------------------------------------------- -------------------------------------------
8 SHARED VOTING POWER 449,370
------ --------------------------------------------- -------------------------------------------
9 SOLE DISPOSITIVE POWER -0-
------ --------------------------------------------- -------------------------------------------
10 SHARED DISPOSITIVE POWER 449,370
------- ----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
449,370
------- ----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ** [ ]
------- ----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.0%
------- ----------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON **
CO
------- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
** See instructions before filling out!
<PAGE>
------------------------------- -------------------------------
CUSIP No. 910741107 SCHEDULE 13D Page 4 of 11 Pages
------------------------------- -------------------------------
<TABLE>
<S> <C> <C>
------- ----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Gazit-Globe (82) Ltd.
------- ----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
------- ----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------- ----------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS **
WC
------- ----------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [ ]
------- ----------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
----------------------------------- ------ --------------------------------------------- -------------------------------------------
NUMBER OF 7 SOLE VOTING POWER -0-
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
------ --------------------------------------------- -------------------------------------------
8 SHARED VOTING POWER 449,370
------ --------------------------------------------- -------------------------------------------
9 SOLE DISPOSITIVE POWER -0-
------ --------------------------------------------- -------------------------------------------
10 SHARED DISPOSITIVE POWER 449,370
------- ----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
449,370
------- ----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES *** [ ]
------- ----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.0%
------- ----------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
------- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
** See instructions before filling out!
<PAGE>
------------------------------- -------------------------------
CUSIP No. 910741107 SCHEDULE 13D Page 5 of 11 Pages
------------------------------- -------------------------------
ITEM 1. SECURITY AND ISSUER.
This statement relates to the common stock, no par value (the "Common
Stock"), issued by United Investors Realty Trust, a Texas corporation (the
"Company"), whose principal executive offices are located at 5847 San Felipe,
Suite 850, Houston, Texas 77057.
ITEM 2. IDENTITY AND BACKGROUND.
(a) This statement is filed on behalf of Chaim Katzman, an individual,
M.G.N. (USA), Inc., a Nevada corporation and Gazit-Globe (82) Ltd., an Israeli
corporation. The foregoing persons are hereinafter sometimes referred to
collectively as the "Reporting Persons".
(b) The address of the principal business and principal office of each
of the Reporting Persons is 1600 N.E. Miami Gardens Drive, Suite 200, North
Miami Beach, FL 39179.
(c) The principal business of each of M.G.N. (USA), Inc., and
Gazit-Glove (82) Ltd. is that of private investment, engaging in the purchase
and sale of securities for investment for its own account. Chaim Katzman is
President of M.G.N. (USA), Inc., Gazit-Globe (82) Ltd. and Equity One, Inc., a
Maryland corporation.
(d) The names, present principal occupation, or employment and the
name, principal businesses and address of any corporation or other organization
in which such employment is conducted of all executive officers Iand directors
of M.G.N. (USA), Inc. and Gazit-Globe (82) Ltd. are listed on Schedule A hereto.
(e) None of the persons referred to in paragraph (a) or (d) above has,
during the last five years, been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors).
(f) None of the persons referred to in paragraph (a) or (d) above has,
during the last five years, been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, Federal or
state securities laws or finding any violation with respect to such laws.
(g) Chaim Katzman is a citizen of both the United States of America and
Israel. M.G.N. (USA), Inc. Is a Nevada corporation and Gazit-Globe (82) Ltd. is
an Israeli corporation.
Item 3. Source and Amount of Funds and Other Consideration.
The net investment cost (including commissions, if any) of the Common
Stock beneficially owned by the Reporting Persons $2,567,247. The shares of
Common Stock purchased by the Reporting Persons were purchased with the working
capital of the Reporting Persons.
Certain shares of Common Stock beneficially owned by the Reporting
Persons are held in margin accounts. Such margin accounts are maintained at
SouthTrust Securities, Inc., and may from time to time have debit balances.
Currently, the interest rate charged on such margin accounts is approximately
8.25% per annum.
ITEM 4. PURPOSE OF THE TRANSACTION.
The purpose of the acquisition of the shares of the Common Stock by the
Reporting Persons was for investment. The shares may be disposed of at any time.
None of the Reporting Persons has any plans or proposals which relate
to, or could result in, any of the matters referred to in paragraphs (b) through
(j), inclusive, of Item 4 of Schedule 13D. Such entities and persons may, at any
time and from time to time, review or reconsider their position with respect to
the Company, and formulate plans or proposals with respect to any of such
matters, but have no present intention of doing so.
<PAGE>
------------------------------- -------------------------------
CUSIP No. 910741107 SCHEDULE 13D Page 6 of 11 Pages
------------------------------- -------------------------------
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The approximate aggregate percentage of Common Stock reported
beneficially owned by the Reporting Persons is based on 8,979,000 shares
outstanding, which is the total number of shares of Common Stock outstanding as
of September 17, 2000, as reflected in the Company's quarterly report on Form
10-Q filed with the Securities and Exchange Commission (the "Commission") for
the fiscal quarter ended June 30, 2000.
As of the close of business on September 15, 2000:
(i) M.G.N. (USA), Inc. owns beneficially 449,370 shares of Common
Stock, constituting approximately 5.0% of the shares outstanding.
(ii) Gazit-Globe (82) Ltd. owns directly no shares of Common Stock.
By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of
1934, as amended (the "Act"), Gazit-Globe (82) Ltd. may be deemed to own
beneficially the 449,370 shares of Common Stock beneficially owned by M.G.N.
(USA), Inc.
(iii) Chaim Katzman owns directly no shares of Common Stock. By
reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934,
as amended (the "Act"), Chaim Katzman may be deemed to own beneficially the
449,370 shares of Common Stock beneficially owned by M.G.N. (USA), Inc.
(b) Each of the Reporting Persons has the power to vote on all of the
shares of Common Stock and to dispose of all of the shares of Common Stock
beneficially owned by it.
(c) The trading dates, number of shares purchased and price per share
for all transactions in the Common Stock from the 60th day prior to September
18, 2000, by the Reporting Persons are set forth in Schedule B and were all
effected in the over-the- counter market.
(d) No person other than each respective record owner of Common Stock
referred to herein is known to have the right to receive or the power to direct
the receipt of dividends from or the proceeds of sale of such Common Stock.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
The Reporting Persons do not, individually or collectively, have any
contracts, arrangements, understandings or relationships (legal or otherwise)
with any person with respect to any securities of the Company, including, but
not limited to, transfer or voting of any securities, finder's fees, joint
ventures, loan or option arrangements, put or calls, guarantees of profits,
division of profits or loss, or the giving or withholding of proxies.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
<PAGE>
------------------------------- -------------------------------
CUSIP No. 910741107 SCHEDULE 13D Page 7 of 11 Pages
------------------------------- -------------------------------
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of the
undersigned, such person certifies that the information set forth in this
Statement with respect to such person is true, complete and correct.
IN WITNESS WHEREOF, the undersigned has executed this instrument as of
the 18th day of September, 2000.
M.G.N. (USA), INC., a Nevada corporation
By /s/ Chaim Katzman
--------------------------------------------
Chaim Katzman
Title: President
GAZIT-GLOBE (82) Ltd., an Israeli Corporation
By /s/ Chaim Katzman
--------------------------------------------
Chaim Katzman
Title: Director
CHAIM KATZMAN
/s/ Chaim Katzman
--------------------------------------------
<PAGE>
------------------------------- -------------------------------
CUSIP No. 910741107 SCHEDULE 13D Page 8 of 11 Pages
------------------------------- -------------------------------
Schedule A
EXECUTIVE OFFICERS AND DIRECTORS
Gazit-Globe (82) Ltd.
NAME OFFICE AND ADDRESS OF EMPLOYMENT
---- --------------------------------
Chaim Katzman Title: President/Director
1696 Northeast Miami Gardens Drive
North Miami, FL 33179
Dori Segal Title: President/Director
1696 Northeast Miami Gardens Drive
North Miami, FL 33179
Varda Zuntz Title: President/Director
1696 Northeast Miami Gardens Drive
North Miami, FL 33179
Eli Shahar Title: Director
11 Shaul avigor St.
Tel-Aviv 69379
Chaim Ben Dor Title: Director
14 nili St.
Jerusalem 92548
Alon Bursuk Title: Director
42 rothschild blvd. St.
Tel-Aviv
Ariela Zuchovitzky Title: Director
6 wissotzky St.
Tel-Aviv 62338
Zvi Aleroti Title: Director
1 Avtalyon St.
Herzliah 46470
M.G.N. (USA), Inc.
NAME OFFICE AND ADDRESS OF EMPLOYMENT
---- --------------------------------
Chaim Katzman Title: President/Director
1696 Northeast Miami Gardens Drive
North Miami, FL 33179
Dori Segal Title: Director
1696 Northeast Miami Gardens Drive
North Miami, FL 331719
<PAGE>
------------------------------- -------------------------------
CUSIP No. 910741107 SCHEDULE 13D Page 9 of 11 Pages
------------------------------- -------------------------------
Schedule B
Transactions in the Common Stock
<TABLE>
<CAPTION>
Price Per share
Date of Transaction Number of Shares Purchased (Sold) (including Commissions, if any)
--------------------- ----------------------------------- ---------------------------------
<S> <C> <C>
9/20/00 2000 6 3/32
9/20/00 7000 6 5/32
9/20/00 600 6 1/16
9/20/00 2200 5 15/16
9/20/00 400 6 1/8
9/20/00 1000 5 15/16
9/20/00 1600 5 15/16
9/20/00 2000 5 15/16
9/20/00 1000 6 1/16
9/20/00 2800 6
9/20/00 1000 6 1/16
9/20/00 100 6 1/16
9/20/00 1000 6 1/8
9/20/00 100 6 1/16
9/20/00 1000 5 15/16
9/20/00 2000 5 15/16
9/20/00 1600 5 15/16
9/19/00 1500 5 15/16
9/19/00 1000 5 13/16
9/19/00 200 5 15/16
9/19/00 200 5 15/16
9/19/00 1300 5 15/16
9/19/00 1000 5 31/32
9/19/00 3000 5 31/32
9/19/00 6000 5 31/32
9/19/00 1000 5 15/16
9/19/00 2000 5 15/16
9/19/00 500 5 15/16
9/19/00 100 5 15/16
9/19/00 5000 5 31/32
9/18/00 100 5 11/16
9/18/00 500 5 11/16
9/18/00 3600 5 11/16
9/18/00 1000 5 11/16
9/15/00 1000 5 5/8
9/15/00 500 5 5/8
9/15/00 1500 5 5/8
9/15/00 100 5 5/8
9/15/00 3500 5 5/8
9/15/00 1700 5 17/32
9/15/00 300 5 17/32
9/15/00 800 5 17/32
9/15/00 1000 5 5/8
9/14/00 500 5 17/32
9/14/00 1000 5 17/32
9/13/00 1000 5 1/2
9/13/00 2000 5 1/2
</TABLE>
<PAGE>
------------------------------- -------------------------------
CUSIP No. 910741107 SCHEDULE 13D Page 10 of 11 Pages
------------------------------- -------------------------------
<TABLE>
<CAPTION>
Price Per share
Date of Transaction Number of Shares Purchased (Sold) (including Commissions, if any)
--------------------- ----------------------------------- ---------------------------------
<S> <C> <C>
9/13/00 4700 5 1/2
8/30/00 3000 5 1/8
8/30/00 3000 5 1/8
8/24/00 3900 5 3/8
8/24/00 1000 5 3/8
8/23/00 4500 5 5/16
8/23/00 1500 5 5/16
8/22/00 1500 5 1/2
8/22/00 1000 5 1/2
8/22/00 1700 5 1/2
8/21/00 500 5 1/2
8/21/00 500 5 1/2
8/21/00 3000 5 1/2
8/21/00 900 5 1/2
8/21/00 500 5 1/2
8/21/00 2400 5 1/2
8/16/00 2900 5 3/8
8/16/00 500 5 3/8
8/16/00 2600 5 3/8
8/8/00 6000 5 3/16
8/1/00 5500 5 3/16
8/1/00 200 5 3/16
8/1/00 300 5 3/16
8/1/00 6000 5 1/4
7/31/00 3100 5 1/4
7/31/00 1000 5 1/4
7/31/00 900 5 1/4
7/31/00 1000 5 1/4
7/28/00 2000 5 1/4
7/27/00 400 5 1/4
7/27/00 7000 5 1/4
7/24/00 200 5 3/8
7/24/00 200 5 3/8
7/24/00 4000 5 3/8
7/24/00 6270.7824 5.45833
7/21/00 1700 5 3/8
7/21/00 700 5 7/16
7/21/00 300 5 3/8
7/21/00 2000 5 3/8
7/21/00 3900 5 1/2
7/21/00 1000 5 1/2
7/20/00 4000 5 1/2
7/20/00 100 5 1/2
</TABLE>
<PAGE>
------------------------------- -------------------------------
CUSIP No. 910741107 SCHEDULE 13D Page 11 of 11 Pages
------------------------------- -------------------------------
STATEMENT OF JOINT SCHEDULE 13D FILINGS
Pursuant to Rule 13d-1(k)(1), the undersigned hereby consent to the
joint filing of a single statement on their behalf.
September 18, 2000
M.G.N. (USA), INC., a Nevada corporation
By /s/ Chaim Katzman
--------------------------------------------
Chaim Katzman
Title: President
GAZIT-GLOBE (82) Ltd., an Israeli Corporation
By /s/ Chaim Katzman
--------------------------------------------
Chaim Katzman
Title: Director
CHAIM KATZMAN
/s/ Chaim Katzman
----------------------------------------------
