 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 Companys portfolio in Germany comprised of twenty-seven 27 separate commercial properties, located mostly in Bavaria, Germany, for a total consideration of EUR 35 million app. 38.9. 