Bjarg's projects

Bjarg's mission is to provide tenants secure homes in 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.

Bjarg is planning to build about 1400 rental apartments in the next four years. 266 tenants have already received their apartments. 397 apartments are under construction and 390 are in the design process.

Projects in process

  • Hraunbær, Árbæ, Reykjavík, 79 apartments. The project is already in process, the starting point in May 2019.
  • First tenants moved in November 1st 2020.
  • Hallgerðargata in Reykjavík. 64 apartments. The project is already in process, the starting point in June 2019.
  • First tenants moved in November 1st 2020.
  • Akureyri (in Guðmannshagi) 31 apartments. The project is already in process, the starting point in Jue 2019. First tenants moved in November 1st 2020.
  • Silfratjörn, Úlfarársdal in Reykjavík. 66 apartments. The project is already in process, the starting point in June 2019. First apartments were ready in September 2020.

Projects in preparation

  • Skerjafjörður, Reykjavík. 80 íbúðir. In design face. 
  • Bryggjuhverfi, Reykjavík. 100 íbúðir. In design face.
  • Vogabyggð, Gelgjutangi, Reykjavík. 60 apartments. In preperation.
  • Sandgerði (south of Sandgerðisvegur) 11 apartments. In preparation
  • Selfoss, 26 apartments (in Björk). In preparation.
  • Hafnarfjörður, 150 aparments (in Hamranes). In preparation.
  • Hraunbær 133, Árbær, Reykjavík, 58 aparments. In preparation.

Projects completed

  • Þorlákshöfn, 12 apartments (in Sambyggð). All apartments were ready in October 2020.
  • Urðarbrunnur, Úlfarársdal in Reykjavík, 66 apartments. First tenants moved in, in August 2019. The project was fully accomplished in April 2020.
  • Móavegur 2, Grafarvogi in Reykjavík, 124 apartments. First tenants moved in, in June 2019. 
  • Asparskógar in Akranes. 33 apartments. First tenants moved in, in June 2019.