German investment manager Deka Immobilien has acquired the future corporate headquarters of online travel giant Booking Holdings for €566.3 mln.
The digital travel firm said it had inked a sale and leaseback deal for the property which was recently completed at the Oosterdokseiland to designs by UN Studio and Ben van Berkel.
The mixed-use campus, which has achieved a BREEAM Excellent design certificate, was delivered in November after a construction period of several years. Booking.com will move operations there from mid-2023.
The asset comprises a total of 72,500 m2, including public facilities, 41 apartments and office space.
Booking has inked a 16.5 year lease, with up to five renewal options of five years each.
The property is being leased for a base rent of €24.3 mln per annum, linked to the consumer price index, capped at 5% per year.
