Insights > Deals
BPD Woningfonds buys 245 rental apartments in The Hague
14 October 2026 | Asset acquisition | Netherlands | 245 units | Development
The forward purchase from VORM will add middle- and free‑market rental housing, with the handover scheduled for the first quarter of 2030.
Key details
Asset type | Development |
Location | The Hague, Netherlands |
Capacity | 245 units |
Buyer | BPD Woningfonds |
Seller / developer | VORM |
Value | Undisclosed |
Source: VORM
The apartments form part of BoogieWood in the Binckhorst district. BPD is acquiring 245 homes, with an average floor area of 74 sq m, together with 123 parking spaces and commercial space. The wider project comprises 702 homes. The scheme combines timber construction with the reuse of an existing parking structure.
Strategic context
A committed rental buyer helps establish the ownership and income model before completion.
For the fund, the acquisition provides exposure to future rental income rather than an immediately income‑generating asset, as completion is still several years away. Middle- and free‑market homes allow the fund to target two distinct rental segments within the same development.
The scheme's use of timber construction and existing infrastructure may also support its environmental objectives, although construction timelines, procurement and development costs remain key factors influencing investment returns.
SUBSCRIBE TO STUDENT HOUSING INSIDER
Stay close to the student housing market
Subscribe to Student Housing Insider for a weekly update on student housing transactions, development pipeline, market trends and selected BONARD analysis.
Designed for investors, developers, operators, lenders and market participants tracking the student housing sector.