Bjarg's projects

Bjarg's mission is to provide tenants with secure homes for long-term rent. The company has made agreements with various municipalities in Iceland for building and renting apartments, discussions are also at an early stage in other municipalities.

1055 tenants have already received their apartments.
203 apartments are under construction or design process.
746 apartments are in preparation.

Projects in process

  • Mosfellsbær, Úugata 10-12, 24 apartments. Constructions started in March 2025 and the first apartments are expected to be ready for rent in October 2025. The project is estimated to be fully accomplished in June 2026.
  • Safamýri 58 - 68 (by Háleitisbraut), Reykjavík. 36 apartments. Constructions started in October 9th 2024 and the apartments are expected to be ready for rent in June 2026. The project is estimated to be fully accomplished in July 2026. Applications will open in the summer of 2025. 
  • Akureyri, Langimói 1-3, 16 apartments. Constructions started in April 2025 and the first apartments are expected to be ready for rent in July 2026. The project is estimated to be fully accomplished in November 2026. Applications will open in the October 2025. 
  • Reykjanesbær, Trölladalur 1-11, 30 apartments. Constructions started in May 2025 and the first apartments are expected to be ready for rent in July 2026. The project is estimated to be fully accomplished in October 2027. Applications will open in October 2025. 
  • Haukahlíð 18, 102 Reykjavík, 68 apartments. Constructions started in June 2025 and the first apartments are expected to be ready for rent in July 2027. The project is estimated to be fully accomplished in September 2027. Applications will open in the summer 2026. 
  • Flúðir, Loðmundartangi, 5 apartments. Constructions started in June 2025 and the first apartments are expected to be ready for rent in April 2026. The project is estimated to be fully accomplished in May 2026. Applications will open in July 2025. 

Projects in preparation

  • Akureyri, Langimói 13-15, 12 apartments. In preparation. 
  • Rangársel, Reykjavík, 50 apartments. On hold.
  • Gufunes II, Reykjavík, 60 apartments. On hold.
  • Skerjafjörður, Reykjavík, 92 apartments. On hold.
  • Korpureitur, Reykjavík, 50 apartments. On hold.
  • Vogur (the lower side of Ártúnshöfði), Reykjavík, 73 apartments. On hold.
  • Safamýri, Reykjavík, 50 apartments. On hold.
  • Miklubrautarstokkur, Reykjavík, 70 apartments. On hold.
  • Skerjafjörður II, Reykjavík, 72 apartments. On hold.
  • Sæbrautarstokkur, Reykjavík, 40 apartments. On hold.
  • Veðurstofuhæð, Reykjavík, 50 apartments. On hold. In planning.
  • U reitur (between BSÍ and N1 in Vatnsmýri), Reykjavík, 50 apartments. On hold.
  • Other areas, within Reykjavík, 50 apartments. On hold.

Projects completed

  • Húsavík, Lyngholt 42-52, 6 apartments. Project started in October 2024. Apartments were ready in April 2025. The project was fully accomplished in May 2025.
  • Brekknaás, Reykjavík, 48 apartments. First apartments were delivered to new tenants in July 2024. The project was fully accomplished in February 2025.
  • Suðurnesjabær (Sandgerði), Bárusker 1, 11 apartments. Project started in June 2023. Apartments were ready in February 2025. 
  • Hella, Lyngalda 4A, 5 apartments. Project started in April 2024. The apartments were ready in January 2025. 
  • Akranes, Asparskógar 3, 24 apartments. The project was fully accomplished summer 2024.
  • Hvolsvöllur, Hallgerðartún 69-75, 4 apartments. The project was fully accomplished summer 2024.
  • Hafnarfjörður (in Hamranes), 148 apartments. The project was fully accomplished in October 2023.
  • Garðabær, Maríugata 5 (Urriðaholti), 22 apartments. The project was fully accomplished in March 2023.
  • Grindavík, Víkurhóp 61, 10 apartments. The project was fully accomplished in March 2023.
  • Hraunbær 133, Árbær, Reykjavík, 52 apartments. First apartments were ready for rent in October of 2022. The project was fully accomplished in January 2023.
  • Hveragerði, Langahraun 28-46, 10 apartments. The starting point of November 2021. The project was fully accomplished in November 2022.
  • Tangabryggja 5, Bryggjuhverfi, Reykjavík, 79 apartments. The starting point of June 2020. The project was fully accomplished in July 2022.
  • Tangabryggja 1, Bryggjuhverfi, Reykjavík, 23 apartments. The project was fully accomplished in June 2022.
  • Bátavogur 1, Vogabyggð, Gelgjutangi, Reykjavík, 60 apartments. the starting point in May 2020. The project was fully accomplished in March 2022.
  • Selfoss, Heiðarstekkur 1 and 3, 28 apartments (Heiðarstekkur in Björk). The first tenants moved in June 2021. The project was fully accomplished in December 2021.
  • Silfratjörn, Úlfarsársdalur in Reykjavík, 66 apartments. The first tenants moved in September 1st 2020. The project was fully accomplished in October 2021.
  • Akureyri, Gudmannshagi 2 and 4, 31 apartments. The first tenants moved in November 1st 2020. The project was fully accomplished in April 2021.
  • Hraunbær 153-163 in Reykjavík, 79 apartments. The first tenants moved in November 1st, 2020. The project was fully accomplished in March 2020.
  • Hallgerðargata 2-16 in Reykjavík, 64 apartments. The first tenants moved in November 1st, 2020. The project was fully accomplished in April 2021.
  • Þorlákshöfn, Sambyggð 14b, 12 apartments. All apartments were ready in October 2020.
  • Urðarbrunnur 33, 130-132, Úlfarsársdalur in Reykjavík, 66 apartments. The first tenants moved in, in August 2019. The project was fully accomplished in April 2020.
  • Móavegur 2-12, Grafarvogur in Reykjavík, 124 apartments. The first tenants moved in, in June 2019. 
  • Akranes, Asparskógar 12, 14 and 16, 33 apartments. The first tenants moved in, in June 2019.