What Breevast does

Breevast B.V. is a privately held Dutch real estate firm founded in 1963, headquartered in Amsterdam at Antonio Vivaldistraat 58, and operating as a subsidiary of Frank Zweegers' ZBG Group. The company invests in, develops, realizes, and manages high-quality sustainable real estate — residential (rental, owner-occupied, social housing, luxury branded), commercial (offices, retail), hospitality, and mixed-use assets — with a regional focus on the Benelux, Europe (now including Germany), and the United States. Breevast's core technology is "Smart Building" integration (building automation/IoT aligned with energy efficiency and tenant comfort) and a domain-specialized capability in adaptive reuse and office-to-residential conversion, demonstrated at Toorop Amsterdam (106,000 m²), Vivaldi (Zuidas, 19,900 m²), Park Meadows (33,982 m²), Terra Nova (34,875 m², 400 units), 49 North (12,700 m², BREEAM Excellent), Entree-Oost Zoetermeer (360,000 m², 7,000 planned homes), and the historical Finance Tower Brussels (350,000 m², sold for over €1.2 billion) and Dropbox San Francisco (sold for $146 million in 2018) transactions.

The business operates through three revenue streams: (1) property development — conceptualization, planning, and construction of new residential, commercial, and mixed-use projects from concept to delivery; (2) real estate investment and asset management — long-term ownership generating rental income and capital appreciation, with active portfolio management; and (3) property sales — disposition of developed properties or portfolio assets to institutional buyers, co-developers (Ten Brinke), and investors (Meritz Securities, Valesco Group, Kilroy Realty). Pricing is not publicly disclosed and is individually negotiated. The go-to-market is enterprise field sales targeting institutional investors, financial partners, and end-users, with strategic co-development partnerships (Hines as development manager, Nobu Hospitality for branded residences, Ten Brinke for residential delivery) and a small core team of approximately 20 professionals with significant international real estate experience. Governance was restructured in June 2026 into a one-tier board under Non-Executive Chairman Peter Göbel, with CEO Henk Brouwer (35+ years in real estate), CIO Robert Alberts (ex-EDGE/OVG, appointed March 2024), Managing Director Nikolai Worp (Columbia MBA, ex-OVG/EDGE, appointed February 2024), Group CFO José Aubourg, COO Alexander Villaverde, and General Counsel Tim Ras.

Name

Breevast

Legal name

BREEVAST B.V.

Website

https://breevast.nl

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

11–50 employees

Short description

Breevast is a privately held Amsterdam-based real estate developer and investor, founded in 1963 and part of ZBG Group, that develops, invests in, and manages sustainable residential, commercial, and mixed-use properties across the Benelux, Germany, and the United States for institutional partners, co-developers, and end-users.

Ownership category

akta.pro rank

Product category

Real Estate Development and Investment

NAICS

Residential Building Construction (23611), Real Estate Property Managers (53131), Residential Remodelers (236118)

SIC

Real Estate (6500), General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Residential Real Estate Asset Management (BPAJAMAA), Renovation, Remodeling & Tenant Improvements (General Contracting) (IMAFAAAE)

Keywords

• Real estate development
• Property investment
• Asset management
• Sustainable buildings
• Commercial real estate

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Property Development: Development fees and returns from creating new residential, commercial, and mixed-use properties. The company conceptualizes, plans, and constructs projects from concept to delivery.
2. Real Estate Investment & Asset Management: Long-term investment in properties generating rental income and capital appreciation. Active portfolio management to optimize returns and sell portions when needed.
3. Property Sales: Sale of developed properties or portfolio assets to partners or investors, such as the sale of rental apartments to Ten Brinke or the Finance Tower sale for over €1.2 billion.
4. Property Rental: Rental income from residential and commercial tenants in owned properties, including office space rental (e.g., Hines renting at Omval 300).

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Breevast invests in, develops, realizes, and manages high-quality and sustainable real estate across residential, retail, commercial, and office segments, with a regional focus on the Benelux, Europe, and the United States. The company often repairs and transforms existing buildings to create new lifecycles and integrates Smart Building technology to promote energy efficiency and user convenience. Its portfolio includes large-scale new developments, mixed-use area projects, adaptive reuse conversions, and managed investment assets.

Product overview

Breevast operates as a real estate developer and investor offering a portfolio of distinct property development and management services across residential, commercial, office, and mixed-use segments. The company's core offerings include (1) development services for new construction and redevelopment of landmark projects such as residential towers (Vivaldi, Park Meadows, Toorop), mixed-use complexes, and area developments; (2) property management of owned assets including iconic office buildings (Floor, Metropool) and managed investments; and (3) strategic partnerships with hospitality brands (Nobu Hospitality for Park Meadows) and co-development partners (Ten Brinke for Terra Nova). Projects span the Netherlands (Amsterdam, Almere, Eindhoven, Zoetermeer), Belgium (Brussels), and the United States (San Francisco), with regional offices in Antwerp, Luxembourg, and Newport Beach. The portfolio encompasses various product types: residential (rental, owner-occupied, social housing, luxury branded residences), commercial (offices, retail), hospitality, and coworking spaces.

Differentiator

Problem solved

Functional benefit

Products and services

• Toorop (Amsterdam) Ambitious redevelopment of an existing office building along the Amstel river into two towers (125m and 100m height) with approximately 106,000 m² of floor area, comprising social housing, mid-segment, and free-sector rental apartments as well as offices and public facilities.
• Vivaldi (Amsterdam) Residential tower development on the Zuidas in Amsterdam with approximately 168 apartments (58 affordable and 110 free-sector), 19,900 m² floor area, 85m height, featuring commercial ground floor spaces, fitness facilities, and rooftop garden.
• Park Meadows (Amsterdam) Two iconic residential towers (east tower 19 floors for mid-rent and luxury rentals; west tower 17 floors for luxury purchase apartments) adjacent to Beatrixpark in Amsterdam with 33,982 m² floor area, 70m height, connected by a glass corridor.
• Nobu Residences Park Meadows Amsterdam Luxury branded residences developed in partnership with Nobu Hospitality within the Park Meadows project, featuring 213 apartments (rental and purchase) and a Nobu restaurant, designed by UNStudio and Ben van Berkel, with the restaurant opening planned for 2027.
• Dropbox (San Francisco) Office development in San Francisco's South of Market district with 12,500 m² office space (111,000 m² total area), built for Dropbox headquarters and featuring sustainable design with green roofs and rainwater collection. Sold in 2018 to Kilroy Realty Corp. for $146 million.
• Metropool (Amsterdam) Historic Amsterdam building transformed into an innovative mixed-use workspace featuring 130 hotel rooms, 6,000 m² of apartments and offices across 8 floors, and the first European WeWork location (2014-2016) alongside the Zoku hybrid apartment concept.
• Floor (Almere) Transformed office building (formerly De Landdrost) in Almere city center into a 14-floor modern sustainable building with 13,500 m² floor area, 119 parking spaces, gym, coworking zones, restaurant facilities, and an A-label energy rating.
• Finance Tower (Brussels) Transformation of the iconic Finance Tower in Brussels from 200,000 m² of office space (350,000 m² total) into a modern office building, which was sold for over €1.2 billion to Meritz Securities and Valesco Group, the largest single-building transaction in Belgian history.
• 49 North (Amsterdam) Sustainable high-end office development along the IJ waterfront in Buiksloterham, Amsterdam with 12,700 m² floor area, BREEAM Excellent and Well Gold certifications, a 1,900 m² rooftop garden, and a planned residential phase of 250 units.
• Vonderpark Kwartier (Eindhoven) Residential development within the Emmasingelkwadrant area near PSV stadium in Eindhoven with 44,368 m² floor area, 67m height, including 70 social (Friends) units, 278 mid-rent units, and 123 free-sector apartments.
• Entree-Oost (Zoetermeer) Large-scale area development in Zoetermeer spanning 9 hectares between Driemanspolder and Meerrzicht with 360,000 m² floor area, approximately 7,000 planned future homes, divided into 8 phases with a 13-year expected timeline.
• Terra Nova (Zoetermeer) Conversion of a former office building in Zoetermeer into a residential complex with 393 apartments (385 independent units and 8 townhouses), 34,875 m² floor area, 35m height, featuring mid-range and free-sector rental units plus owner-occupied apartments. Built in partnership with Ten Brinke.
• Property Development Services End-to-end real estate development services including conceptualization, planning, and construction of residential, commercial, and mixed-use properties. Generates development fees and returns from creating new properties from concept to delivery.
• Real Estate Investment and Asset Management Long-term investment in properties generating rental income and capital appreciation, combined with active portfolio management to optimize returns. Includes acquisition, holding, and selective sale of properties across European and US markets.

Quantifiable outcome

• Finance Tower Brussels sale set record as largest single property transaction in Belgium (>€1.2 billion)
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Twelve partnerships are on record, tiered supporting and core.

• Paul.techsupportingImplementation/ SI/ Consulting Partner · 28 May 2026Sustainability partnership for German residential portfolio. Paul.tech will assist with upgrading energy labels from G/H to A/B/C ratings as part of property improvement strategy.
• Nobu HospitalitycoreStrategic or Co-development Partner · 11 November 2025Strategic partnership for Nobu Residences Park Meadows Amsterdam - first Nobu branded residences and restaurant in the Netherlands. Project includes 213 apartments with Nobu restaurant opening 2027. Developed with founders Nobu Matsuhisa, Robert De Niro, and Meir Teper, with CEO Trevor Horwell.
• Ten BrinkecoreStrategic or Co-development Partner · 6 November 2025Strategic partnership for Terra Nova development project in Zoetermeer. Breevast sold 273 rental apartments (152 mid-range, 121 free-sector) to Ten Brinke. Remaining 127 apartments sold for private purchase. Project involves transformation of former office building into 400 residential units as part of Entree area development.
• HinescoreStrategic or Co-development Partner · 8 October 2025Hines rented 600 m² (second floor) at Omval 300 for 5 years. Simultaneously serving as development manager for Breevast's adjacent Toorop project (106,000 m² mixed-use development). Hines is an internationally renowned real estate company operating from the Netherlands office.
• De Vries en VerburgsupportingImplementation/ SI/ Consulting PartnerContractor for Terra Nova project transformation, converting former office building into modern residential complex according to design by ZZDP Architecten.
• UNStudio / Ben van BerkelsupportingImplementation/ SI/ Consulting PartnerArchitectural firm for Nobu Residences Park Meadows Amsterdam project, designing the two iconic residential towers.
• Rockwell GroupsupportingImplementation/ SI/ Consulting PartnerNew York-based interior design firm responsible for the striking interior design of Nobu Amsterdam restaurant within the Park Meadows development.
• ZZDP ArchitectensupportingImplementation/ SI/ Consulting PartnerArchitectural firm responsible for the design of Terra Nova residential transformation project in Zoetermeer.
• White & Case FrankfurtsupportingImplementation/ SI/ Consulting PartnerLegal advisors for the German residential portfolio acquisition.
• Flick Gocke SchaumburgsupportingImplementation/ SI/ Consulting PartnerTax advisory for the German residential portfolio acquisition.
• EYsupportingImplementation/ SI/ Consulting PartnerFinancial due diligence advisors for the German residential portfolio acquisition.
• CBREsupportingImplementation/ SI/ Consulting PartnerValuation, technical due diligence, and environmental due diligence (in cooperation with Turner & Townsend) for the German residential portfolio acquisition.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• OVG Real Estate: Dutch sustainable office developer with directly comparable business model focused on large-scale inner-city office development and adaptive reuse in the Netherlands and Germany. Breevast's CIO and Managing Director both previously held senior roles at OVG, and OVG developed comparable 250,000+ m² sustainable office assets that overlap with Breevast's flagship projects.
• EDGE Technologies: Amsterdam-headquartered sustainable real estate developer focused on smart, technology-integrated office and mixed-use developments. Robert Alberts (now Breevast CIO) and Nikolai Worp (now Breevast MD) both came from EDGE/OVG, and EDGE's focus on technology-enabled buildings mirrors Breevast's Smart Building integration differentiator.
• BPD (Bouwfonds Property Development): One of the largest Dutch residential and mixed-use area developers, part of Rabobank. BPD competes directly with Breevast in Dutch residential development at scale, including large area developments (analogous to Breevast's Entree-Oost 7,000-home project) and urban transformation.
• Ten Brinke: Dutch residential and mixed-use developer with whom Breevast has a direct strategic partnership on Terra Nova (Breevast sold 273 apartments to Ten Brinke). Ten Brinke operates in the same Dutch/Belgian/German residential market with comparable project scale and customer base.
• Heijmans: Listed Dutch construction and area-development company combining residential development, commercial property, and infrastructure. Heijmans' area-development and residential focus directly overlaps with Breevast's Entree-Oost, Vonderpark, and Terra Nova-style projects in the same Dutch market.
• AM (Amsterdam Area Development): Dutch urban area developer and investor owned by BAM and pension fund partners, focused on mixed-use inner-city area developments and residential in major Dutch cities. Comparable to Breevast in targeting institutional capital and combining development with long-term asset management.
• Vastint (Inter IKEA Group): European real estate developer and long-term investor focused on office, residential, and hotel developments in major European cities. Operates a similar investment-develop-management model to Breevast with comparable urban locations and project types (mixed-use towers, adaptive reuse).
• Hines: Global real estate developer and investor with significant Benelux operations, currently tenant at Breevast's Omval 300 and development manager for Breevast's Toorop project. Operates a directly comparable institutional investment, development, and asset management platform at larger scale.

Broad incumbents

• Patrizia: European real estate investment manager with pan-European residential, commercial, and operational real estate exposure including Germany. Less specialized than Breevast in adaptive reuse but comparable as an institutional capital partner and pan-European residential investor, particularly relevant to Breevast's German portfolio.
• Union Investment Real Estate: German-headquartered pan-European real estate investment manager and developer with significant residential, office, and mixed-use exposure. Comparable in scale and asset-class breadth, particularly relevant to Breevast's German portfolio expansion strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/breevast-properties-holding-b.v.

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Breevast