Following completion, Blauwhoed will continue to operate as an independent subsidiary of BPD Europe. The transaction combines BPD’s scale and expertise in long-term, large-scale area development with Blauwhoed’s entrepreneurial development approach, conceptual capabilities and strong acquisition position, particularly in the Randstad. Blauwhoed brings a strong portfolio of residential projects across North Holland, South Holland and Utrecht, as well as a pipeline of potential new developments.

The transaction will allow both organisations to benefit from each other’s knowledge, network and expertise, while Blauwhoed continues to operate independently and retain its own identity and entrepreneurial culture.  

Our multidisciplinary real estate sector team advised the shareholders of Blauwhoed throughout the transaction, bringing together our corporate/M&A, real estate and transaction tax expertise.

Blauwhoed is a Dutch residential and area developer with a strong position in the Dutch housing market, particularly in the Randstad. Its portfolio comprises apartments and ground-based homes across both the owner-occupied and rental segments. BPD is one of the leading area developers in the Netherlands, with extensive experience in long-term, large-scale residential and mixed-use developments. The acquisition forms part of BPD’s growth strategy to further expand its development capacity and housing production in the Netherlands.

The transaction is subject to approval by the Netherlands Authority for Consumers and Markets (ACM) and other customary conditions.