BPD to acquire the remaining 50% stake in the Hyde Park joint venture from Snippe Projecten.

BPD, a developer in the Netherlands and Germany, agreed to acquire the remaining 50% stake in the Hyde Park joint venture from Snippe Projecten, a real estate title, development, and project management firm. Financial terms were not disclosed. “We are grateful to André and his team for taking the initiative at the time to transform this former office area near Amsterdam in the Haarlemmermeer, with vision and guts, into a lively and green urban district of international, metropolitan allure. From now on, we will continue to develop this area development independently and maintain the intended quality of life and environment,” Harm Janssen, BPD CEO Europe.