secwatch / observer
8-K filed December 19, 2022, 6:59 PM ET ticker BKNG CIK 0001075531
other material confidence high sentiment neutral materiality 0.60

Booking Holdings sells Amsterdam HQ for EUR 566.3M in sale-leaseback to Deka Immobilien

Booking Holdings Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Booking Holdings Inc. entered into Purchase and Sale Agreement with D-IE WIIS Oosterdok Coöperatief U.A., a subsidiary of Deka Immobilien Investment GmbH valued at approximately EUR 566.3 million (effective 2022-12-14).

Action
entry
Agreement
asset purchase
Counterparty
D-IE WIIS Oosterdok Coöperatief U.A., a subsidiary of Deka Immobilien Investment GmbH
Value
approximately EUR 566.3 million
Effective
2022-12-14
Exact text from the filing
On December 14, 2022, Booking.com Real Estate Amsterdam B.V. (“Booking RE”), as seller, and Booking.com Holding B.V. (“Booking Holding BV”), as guarantor, both wholly-owned subsidiaries of Booking Holdings Inc. (the “Company”), entered into a purchase and sale agreement (the “Purchase and Sale Agreement”) with D-IE WIIS Oosterdok Coöperatief U.A. (the “Purchaser”), a subsidiary of Deka Immobilien Investment GmbH (“Deka Immobilien”), pursuant to which Booking RE agreed to sell certain real estate comprising the future corporate headquarters of Booking.com located in Amsterdam, the Netherlands (the “Booking.com Campus”) to the Purchaser for an aggregate purchase price of approximately EUR 566.3 million (the “Sale and Leaseback Transaction”), subject to the terms and conditions contained in the Purchase and Sale Agreement.
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Booking Holdings Inc. filing history →

Source: SEC EDGAR
accession 0001075531-22-000046
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