Target: Office building Booking.com
Seller: Booking.com
Advisory sell side: CBRE | Commercial Advisory
Allen & Overy | Legal Advisory
CBRE Development Services | Technical and Sustainability Advisory
Buyer: Deka Immobilien Investment GmbH, on behalf of two of her funds: Deka-ImmobilienEuropa & WestInvest InterSelect
Advisory buy side: Jones Lang LaSalle | Commercial Advisory
NewGround Law | Legal Advisory
Cushman & Wakefield | Technical Advisory
Date announced: 2022-12-20

Deka Immobilien Investment GmbH has acquired the iconic Booking.com campus in Amsterdam's Oosterdokseiland through a sale and leaseback of its two funds, Deka-ImmobilienEuropa and WestInvest InterSelect. Booking.com's new campus will provide an inclusive, welcoming and sustainable work environment for more than 5,000 employees. At the same time, part of the ultra-modern building will become a public meeting place.

The new international headquarters of Booking.com, designed by UNSTUDIOS, is one of the largest city center projects in Western Europe, covering an area of approximately 72,500 square meters. The mixed-use building occupies more than a third of Oosterdokseiland. The Booking.com campus covers an area of 53,000 square meters. Other areas are used for apartments, public functions on the ground floor and parking for cars and bicycles.

Sustainability
This project has been important from the outset and it is hoped that a BREEAM Excellent rating will be achieved through this project. Significant innovative and sustainable design features of the campus are on-site renewable energy (solar panels on moss sedum roofs), connections to thermal energy storage systems, and careful development as smart buildings.
Sebastiaan van Nimwegen, Director Capital Markets, CBRE: “During this large-scale project and our collaboration with Booking.com, sustainability, quality and multi-functionality were the main drivers. We are proud to have been involved in this unique development. With the different types of workplaces, various social spaces, co-creation spaces, quiet workplaces, restaurants and a roof terrace, a dynamic center has been created where employees can meet and inspire each other.”

Source: CBRE
Source: fd