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Optibase Ltd. Announces Settlement Of Dispute
Optibase Ltd. (NASDAQ: OBAS), or Optibase, today announced that its subsidiary, Eldista GmbH (of which the Company owns 51%) ("Eldista"), the owner of an office building in Geneva, Switzerland, known as Centre des Technologies Nouvelles ("CTN Complex") has reached an agreement with its tenant in the CTN Complex, LEM INTERNATIONAL SA ("LEM"), in a dispute between the parties. The parties agreed to cease all current and future legal proceedings in connection with the aforesaid dispute and that Eldista will compensate LEM its alleged damages in a total amount of CHF 700,000 (approximately U.S. $766,000). For additional information regarding the dispute, see Item 8.A. in the Company's 2019 annual report on Form 20-F published on April 1, 2020.
PR Newswire · 19h ago
Optibase Ltd. Announces $766K Settlement
Optibase Ltd. Announces Settlement Of Dispute HERZLIYA, Israel, Oct. 20, 2020 /PRNewswire/ -- Optibase Ltd. (NASDAQ:OBAS), or Optibase, today announced that its subsidiary, Eldista GmbH (of
Benzinga · 20h ago
Here's What We Learned About The CEO Pay At Optibase Ltd. (NASDAQ:OBAS)
Amir Philips became the CEO of Optibase Ltd. (NASDAQ:OBAS) in 2011, and we think it's a good time to look at the...
Simply Wall St. · 09/22 15:58
Optibase Ltd. Announces Second Quarter Results
Optibase Ltd. (NASDAQ: OBAS) (the "Company") today announces financial results for the second quarter ended June 30, 2020.
PR Newswire · 08/27 18:30
Optibase reports Q2 results
Optibase (OBAS): Q2 GAAP EPS of $0.34.Revenue of $3.8M (-5.7% Y/Y)Press Release
Seekingalpha · 08/27 17:37
Optibase sells its German commercial properties portfolio
Optibase' (OBAS) wholly owned European subsidiary, Optibase Bavaria GmbH & Co. KG, completed sale of its German commercial property portfolio comprising of
seekingalpha · 07/09 21:53
Optibase Ltd. Announces Completion of the Sale of Its German Commercial Properties Portfolio
Optibase Ltd. (NASDAQ: OBAS), or Optibase, today announced that further to its announcement dated February 11, 2020, its wholly owned European subsidiary, Optibase Bavaria GmbH & Co. KG, has yesterday completed the sale of the Company's portfolio in Germany co
PR Newswire · 07/09 16:00
Optibase Ltd. Announces First Quarter Results
Optibase Ltd. (NASDAQ: OBAS) (the "Company") today announces financial results for the first quarter ended March 31, 2020.
PR Newswire · 06/23 19:54
Optibase Q1 EPS $0.02 Up From $(0.04) YoY, Sales $4.10M Up From $4.08M YoY
Optibase (NASDAQ:OBAS) reported quarterly earnings of $0.02 per share. This is a 150 percent increase over losses of $(0.04) per share from the same period last year. The company reported $4.10 million in sales this
Benzinga · 06/23 19:44
If You Had Bought Optibase (NASDAQ:OBAS) Stock Five Years Ago, You Could Pocket A 65% Gain Today
Simply Wall St. · 04/07 20:31
Optibase Q4 EPS $(0.21) Down From $(0.16) YoY, Sales $4.05M Down From $4.101M YoY
Optibase (NASDAQ:OBAS) reported quarterly losses of $(0.21) per share. This is a 31.25 percent decrease over losses of $(0.16) per share from the same period last year. The company reported $4.05 million in sales this
Benzinga · 04/01 20:22
Optibase Ltd. Announces Fourth Quarter Results
PR Newswire · 04/01 20:21
Optibase Ltd. Announces Availability of Its Annual Report on Form 20-F Through Its Website
PR Newswire · 04/01 20:00
Optibase Ltd. Announces Sale Of Its German Commercial Properties Portfolio For ~$38.9M
Benzinga · 02/11 13:03
Optibase Ltd. Announces the Sale of Its German Commercial Properties Portfolio
PR Newswire · 02/11 13:00
Here's What We Think About Optibase Ltd.'s (NASDAQ:OBAS) CEO Pay
Simply Wall St. · 01/28 15:38
Optibase Q3 EPS $(0.10) Down From $(0.04) YoY, Sales $3.99M Down From $4.09M YoY
Optibase (NASDAQ:OBAS) reported quarterly losses of $(0.1) per share. This is a 150 percent decrease over losses of $(0.04) per share from the same period last year. The company reported $3.99 million in sales this
Benzinga · 11/27/2019 19:31
Optibase Ltd. Announces Third Quarter Results
PR Newswire · 11/27/2019 19:30
Calculating The Intrinsic Value Of Optibase Ltd. (NASDAQ:OBAS)
Simply Wall St. · 10/29/2019 16:01
UPDATE 1-Lockheed to begin supplying F-16 wings from Indian plant in 2020
NEW DELHI, Sept 26- Lockheed Martin will begin supplying wings for its F-16 combat jets from a facility in southern India from next year, a senior executive said on Thursday. Lockheed is bidding for a contract, estimated at more than $15 billion, to supply the
Reuters · 09/26/2019 15:55
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About OBAS
Optibase Ltd. is a real estate company. The Company, through its subsidiaries, is engaged in purchasing and operating of real estate properties for leasing and resale primarily for the purpose of commercial, industrial, office space use, as well as for residential purposes. The Company owns holdings in several commercial real estate properties, which are leased to third parties.It also owns several real estate properties located in Philadelphia, Texas, Chicago and Miami, in the United States. The Company owns approximately 25 residential properties in Miami and Miami Beach, Florida, including 21 luxury condominium units and two penthouse units in the Marquis Residences, one penthouse unit in Ocean One Condominium and one condominium units in the Continuum on South Beach Condominium. The Company's subsidiaries include Optibase Inc., Optibase Real Estate Europe SARL, Optibase Bavaria GmbH & Co. KG and OPCTN S.A.
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