secwatch.observer — SEC 8-K summary
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Issuer:     Booking Holdings Inc. (BKNG)
CIK:        0001075531
Form:       8-K
Filed at:   2022-12-19T23:59:59+00:00
Accession:  0001075531-22-000046
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Booking Holdings sells Amsterdam HQ for EUR 566.3M in sale-leaseback to Deka Immobilien
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- Subsidiary Booking.com Real Estate Amsterdam B.V. sold the Booking.com Campus to Deka Immobilien for EUR 566.3M.
- The property is leased back for an initial term of 16.5 years with annual base rent of EUR 24.3M, CPI-indexed with a 5% cap.
- Booking BV has a right of first refusal to repurchase the campus if Deka Immobilien receives a third-party offer.
- Closing occurred concurrently with signing on December 14, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075531/000107553122000046/0001075531-22-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075531/000107553122000046/bkng-20221214.htm
  HTML page:      https://secwatch.observer/filing/0001075531-22-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer