Detail akcie Optibase online

Business Summary: 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.
Financial Summary: BRIEF: For the nine months ended 30 September 2021, Optibase Ltd revenues decreased 9% to $10.4M. Net loss totaled $1.4M vs. income of $7.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Gain on sale of operating properties decrease from $9.1M (income) to $0K, General and administrative increase of 31% to $2.4M (expense).