- CEO
- Amir Philips
- Full Time Employees
- 11
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- 8 Hamenofim Street, P.O. Box 2170 Herzliya Israel 4672559
- IPO Date
- Apr 7, 1999
- Business
- Optibase Ltd. Optibase Ltd. is a real estate investment company that, through its subsidiaries, purchases, operates, and holds properties intended for leasing and resale primarily for commercial, industrial, office space, parking garage, warehouse, and residential purposes; its portfolio includes commercial holdings leased to third parties in Switzerland and the United States, as well as approximately 25 residential properties in Miami and Miami Beach, Florida, featuring 21 luxury condominium units, two penthouse units in Marquis Residences, one penthouse in Ocean One Condominium, and one unit in Continuum on South Beach Condominium, with additional assets in locations such as Philadelphia, Texas, and Chicago. The company operates in the fixed-income real estate sector across Switzerland, Germany, and the United States, generating rental revenue primarily from Switzerland followed by the U.S. and formerly Germany. Founded in 1990 and headquartered in Herzliya, Israel, at 8 Hamanofim Street, Optibase Ltd. changed its name from Optibase Advanced Systems (1990) Ltd. in November 1993 and previously divested its digital video technologies business in July 2010; subsidiaries include Optibase Inc., Optibase Real Estate Europe SARL, Optibase Bavaria GmbH & Co. KG, and OPCTN S.A. In recent years, the company sold its German commercial properties portfolio, ceased Nasdaq trading following a going-private transaction, and became a wholly-owned subsidiary of The Capri Family Foundation after the foundation's successful tender offer acquisition in 2022.