Optibase Ltd., through its subsidiaries, operates in the fixed-income real estate sector in Switzerland, Germany, and the United States. It purchases and operates real estate properties intended for leasing and resale primarily for the purpose of commercial, industrial, office space, parking garage, and warehouse use, as well as for residential purposes. The company was formerly known as Optibase Advanced Systems (1990) Ltd. and changed its name to Optibase Ltd. in November 1993. The company was founded in 1990 and is headquartered in Herzliya, Israel. Optibase Ltd. is a subsidiary of The Capri Family Foundation.
IPO Year: 1999
Exchange: NASDAQ
Website: optibase-holdings.com
15F-12G - OPTIBASE LTD (0001077618) (Filer)
20-F - OPTIBASE LTD (0001077618) (Filer)
S-8 POS - OPTIBASE LTD (0001077618) (Filer)
S-8 POS - OPTIBASE LTD (0001077618) (Filer)
S-8 POS - OPTIBASE LTD (0001077618) (Filer)
S-8 POS - OPTIBASE LTD (0001077618) (Filer)
S-8 POS - OPTIBASE LTD (0001077618) (Filer)
SC 14D9/A - OPTIBASE LTD (0001077618) (Subject)
6-K - OPTIBASE LTD (0001077618) (Filer)
6-K - OPTIBASE LTD (0001077618) (Filer)
Fastest customizable press release news feed in the world
TEL AVIV, Israel, March 22, 2022 /PRNewswire/ -- The Capri Family Foundation ("Capri") announced today the results of its tender offer to purchase 941,942 ordinary shares of Optibase Ltd. ("Optibase")(Nasdaq and TASE: OBAS), for $12.64 per share. The tender offer, which commenced on February 15, 2022, expired at 10:00 a.m., New York time (5:00 p.m. Israel time), on March 22, 2022. Capri was advised by the depositaries for the offer that, as of the expiration date of the tender offer, a total of 768,905 Optibase shares had been validly tendered, and not withdrawn, pursuant to the offer. The number of shares tendered and not validly withdrawn pursuant to the offer satisfied the minimum condit
HERZLIYA, Israel, March 15, 2022 /PRNewswire/ -- Optibase Ltd. (NASDAQ:OBAS) (the "Company" or "Optibase"), today announced that between November 2021 and March 2022, the Company sold three apartments and two penthouses in Miami, Florida for a total consideration of approximately U.S. $8 million. The consideration reflects an average price per square feet of U.S. $460 for the apartments and an average price per square feet of U.S. $990 for the penthouses. Following the last sale of the penthouse held on March 9, 2022, the Company fully repaid the loan granted as part of a financing agreement of the condominium units in Miami. The Company expects to record a combined gain on sale of operating
TEL AVIV, Israel, Feb. 23, 2022 /PRNewswire/ -- The Capri Family Foundation ("Capri") announced today that it had received an updated fairness opinion of its financial advisor, MNS Consulting Ltd. ("MNS Consulting"), in connection with its tender offer to purchase 941,942 ordinary shares of Optibase Ltd. ("Optibase") (NASDAQ:OBAS) (TASE: OBAS). Capri commenced the tender offer on February 15, 2022 and increased its offer price, to $12.64 per share, on February 18, 2022. In the fairness opinion, MNS Consulting stated that, subject to terms and conditions set out therein, the increased offer price, $12.64 per share, is fair, from a financial point of view, to the holders of Optiba
TEL AVIV, Israel, Feb. 23, 2022 /PRNewswire/ -- The Capri Family Foundation ("Capri") announced today that it had received an updated fairness opinion of its financial advisor, MNS Consulting Ltd. ("MNS Consulting"), in connection with its tender offer to purchase 941,942 ordinary shares of Optibase Ltd. ("Optibase") (NASDAQ:OBAS) (TASE: OBAS). Capri commenced the tender offer on February 15, 2022 and increased its offer price, to $12.64 per share, on February 18, 2022. In the fairness opinion, MNS Consulting stated that, subject to terms and conditions set out therein, the increased offer price, $12.64 per share, is fair, from a financial point of view, to the holders of Optiba
TEL AVIV, Israel, Feb. 18, 2022 /PRNewswire/ -- The Capri Family Foundation ("Capri") announced today that it increased its offer price to purchase 941,942 ordinary shares of Optibase Ltd. ("Optibase") (NASDAQ:OBAS) and (TASE: OBAS) to $12.64 per share. The increased offer price, $12.64 per Optibase Share, is approximately 7.6% greater than the closing sale price per Optibase share as reported by Nasdaq on February 14, 2022, the last U.S. trading day before the commencement of the tender offer, and approximately 9.0% greater than the original offer price of $11.60 per share. The tender offer is scheduled to expire at 10:00 a.m., New York time (5:00 p.m. Israel time), on March 17, 2022, unle
HERZLIYA, Israel, Feb. 16, 2022 /PRNewswire/ -- Optibase Ltd. (NASDAQ:OBAS) today confirmed that it has received notice that The Capri Family Foundation, a foundation organized under the laws of the Republic of Panama (the "Bidder") and Shlomo (Tom) Wyler have commended an unsolicited tender offer to purchase 941,942 outstanding ordinary shares, nominal (par) value NIS 0.65 per share (the "Shares"), of Optibase Ltd. (the "Company"), not already owned by the Bidder group, at $11.60 per Share, net to the seller in cash, less any applicable withholding taxes, and without interest (the "Offer"). The tender offer follows a prior similar offer, commenced by the Bidder on December 1, 2021, to purch
TEL AVIV, Israel, Feb. 15, 2022 /PRNewswire/ -- The Capri Family Foundation ("Capri") announced today that it has commenced a cash tender offer to purchase 941,942 ordinary shares of Optibase Ltd. ("Optibase") (NASDAQ:OBAS) (TASE: OBAS) for $11.60 per share. The bidder group, of which Capri is a part, currently owns 4,256,419 ordinary shares of Optibase, representing approximately 81.9% of Optibase's issued and outstanding shares. Capri is offering to purchase all of the outstanding Optibase shares not owned by the bidder group. On February 14, 2022, the last U.S. trading day before the announcement of the offer, the closing sale price per Optibase share on Nasdaq as reported by Nasdaq was
HERZLIYA, Israel, Jan. 11, 2022 /PRNewswire/ -- Optibase Ltd. (NASDAQ:OBAS), the Company or Optibase, today announced that its board of directors resolved to delist the Company's ordinary shares from trading on the Tel Aviv Stock Exchange Ltd. ("TASE"). Under applicable Israeli law, the delisting of the Company's ordinary shares from trading on the TASE will become effective at least upon the lapse of three months from the date hereof, during such time the Company's ordinary shares will continue to trade on the TASE. The Company has notified TASE of its intention to delist its ordinary shares from TASE on April 13, 2022, however, the exact delisting date is subject to the approval of the TAS
TEL AVIV, Israel, Jan. 3, 2022 /PRNewswire/ -- The Capri Family Foundation ("Capri") announced today the results of its cash tender offer to purchase 959,837 ordinary shares of Optibase Ltd. ("Optibase") (NASDAQ:OBAS) (TASE: OBAS), not already owned by the bidder group, for $11.20 per share. The tender offer, which commenced on December 1, 2021, expired at 10:00 a.m., New York time (5:00 p.m. Israel time), on December 30, 2021. Capri was advised by the depositaries for the offer that, as of the expiration date of the tender offer, a total of 689,926 Optibase shares had been validly tendered, and not withdrawn, pursuant to the offer. The offer included a minimum condition that, in relevant p
HERZLIYA, Israel, Dec. 2, 2021 /PRNewswire/ -- Optibase Ltd. (NASDAQ:OBAS) today confirmed that it has received notice that The Capri Family Foundation, a foundation organized under the laws of the Republic of Panama (the "Bidder") and Shlomo (Tom) Wyler have commended an unsolicited tender offer to purchase 959,837 outstanding ordinary shares, nominal (par) value NIS 0.65 per share (the "Shares"), of Optibase Ltd. (the "Company"), not already owned by the Bidder group, at $11.20 per Share, net to the seller in cash, less any applicable withholding taxes, and without interest (the "Offer"). On or before December 14, 2021, the Company will file with the Securities and Exchange Commission a So
Live finance-specific insights
HERZLIYA, Israel, Nov. 30, 2021 /PRNewswire/ -- Optibase Ltd. (NASDAQ:OBAS) today announced financial results for the third quarter ended September 30, 2021. Revenues from fixed income real estate totaled $3.5 million for the quarter ended September 30, 2021 compared to revenues of $3.5 million for the third quarter of 2020. Net loss attributable to Optibase Ltd shareholders for the quarter ended September 30, 2021 was $86,000 or $0.02 per basic and diluted share compared to net income of $5.2 million or $1 per basic and diluted share for the third quarter of 2020. For the nine months ended September 30, 2021 revenues totaled $10.4 million compared to revenues of $11.4 million for the nine
HERZLIYA, Israel, Aug. 31, 2021 /PRNewswire/ -- Optibase Ltd. (NASDAQ:OBAS) today announced financial results for the second quarter ended June 30, 2021. Revenues from fixed income real estate totaled $3.5 million for the quarter ended June 30, 2021 compared to revenues of $3.8 million for the second quarter of 2020. Net loss attributable to Optibase Ltd shareholders for the quarter ended June 30, 2021 was $537,000 or $0.10 per basic and diluted share compared to net income of $1.8 million or $0.34 per basic and diluted share for the second quarter of 2020. For the six months ended June 30, 2021 revenues totaled $6.9 million compared to revenues of $7.9 million for the six months ended Jun
HERZLIYA, Israel, June 2, 2021 /PRNewswire/ -- Optibase Ltd. (NASDAQ:OBAS) today announced financial results for the first quarter ended March 31, 2021. Revenues from fixed income real estate totaled $3.4 million for the quarter ended March 31, 2021 compared to revenues of $4.1 million for the first quarter of 2020. Net loss attributable to Optibase Ltd shareholders for the quarter ended March 31, 2021 was $822,000 or $0.16 per basic and diluted share compared to net income of $117,000 or $0.02 per basic and diluted share for the first quarter of 2020. Weighted average shares outstanding used in the calculation for the periods were approximately 5.2 million basic and diluted shares for eac
HERZLIYA, Israel, April 28, 2021 /PRNewswire/ -- Optibase Ltd. (NASDAQ:OBAS) today announced financial results for the fourth quarter ended December 31, 2020. Revenues from fixed income real estate totaled $3.4 million for the quarter ended December 31, 2020 compared to revenues of $4 million for the fourth quarter of 2019. Net loss attributable to Optibase Ltd shareholders for the quarter ended December 31, 2020 was $625,000 or $0.12 per basic and diluted share compared to net loss of $1.1 million or $0.21 per basic and diluted share for the fourth quarter of 2019. For the year ended December 31, 2020 revenues totaled $14.9 million compared to revenues of $16.1 million for the year ended
HERZLIYA, Israel, Nov. 30, 2020 /PRNewswire/ -- Optibase Ltd. (NASDAQ: OBAS) (the "Company") today announces financial results for the third quarter ended September 30, 2020. Revenues from fixed income real estate totaled $3.5 million for the quarter ended September 30, 2020 compared to revenues of $4 million for the third quarter of 2019. Net Income attributable to Optibase Ltd shareholders for the quarter ended September 30, 2020 was $5.2 million or $1 per basic and diluted share compared to loss of $496,000 or $0.1 per basic and diluted share for the third quarter of 2019. For the nine months ended September 30, 2020 revenues totaled $11.4 million compared to revenues of $12.1 millio
This live feed shows all institutional transactions in real time.
SC 13D/A - OPTIBASE LTD (0001077618) (Subject)
SC 13D/A - OPTIBASE LTD (0001077618) (Subject)
SC 13D/A - OPTIBASE LTD (0001077618) (Subject)