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. 68 tenants have already received their apartments. 563 apartments are under construction and 500 are in the design process.

Projects in process

  • Móavegur 2, Grafarvogi in Reykjavík, 124 apartments. First tenants moved in, in June 2019. The project is expected to fully accomplished, January 2020.
  • Urðarbrunnur, Úlfarársdal in Reykjavík, 66 apartments. The project is already in process, the starting point in April 2018. First tenants moved in, in August 2019. The project is expected to fully accomplished in April 2020.
  • Hraunbær, Árbæ, Reykjavík, 79 apartments. The project is already in process, the starting point in May 2019. First apartments are expected to be ready in November 2020.
  • Hallgerðargata in Reykjavík. 64 apartments. The project is already in process, the starting point in June 2019. First apartments are expected to be ready in summer 2020.
  • Akureyri (in Guðmannshagi) 32 apartments. The project is already in process, the starting point in Jue 2019. First apartments are expected to be ready in autumn 2020.
  • Leirtjörn, Úlfarársdal in Reykjavík. 66 apartments. The project is already in process, the starting point in Jue 2019. First apartments are expected to be ready autumn 2020

Projects in preparation

  • Þorlákshöfn, 12 apartments (in Sambyggð). Project in design face, starting point scheduled at the beginning of the year 2020 and the beginning of rent in the summer of 2020.
  • 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.

Projects completed

  • Asparskógar in Akranes. 33 apartments. First tenants moved in, in June 2019. The project was fully accomplished in August 2019.