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.

Bjarg is planning to build about 1400 rental apartments in the next four years. 522 tenants have already received their apartments. 365 apartments are under construction and 265 are in the design process.

Projects in process

  • Selfoss, 28 apartments (Heiðarstekkur in Björk). The project is already in process. The first tenants moved in June 2021.
  • Bátavogur 1, Vogabyggð, Gelgjutangi, Reykjavík. 60 apartments, the starting point in May 2020. The first tenants moved in October 2021.
  • Tangabryggja 5, Bryggjuhverfi, Reykjavík. 79 apartments. The project is already in process, the starting point of June 2020. The first tenants moved in November 2021.
  • Tangabryggja 1, Bryggjuhverfi, Reykjavík. 23 apartments. The project is already in process, the first apartments are scheduled to be l be ready at the beginning of 2022.
  • Hraunbær 133, Árbær, Reykjavík, 52 apartments. The project is already in process, the first apartments are scheduled to be ready in October of 2022.
  • Hafnarfjörður (in Hamranes), 148 apartments. The project is already in process, the first apartments are scheduled to be ready at the beginning of 2023.
  • Garðabær, Maríugata 5 (Urriðaholti), 22 apartments. The project is already in process, the first apartments are scheduled to be ready at the beginning of 2023.
  • Projects in preparation
  • Grindavík, 10 apartments. In preparation.
  • Hveragerði, Langahraun 28-46, 10 apartments. In preparation.
  • Skerjafjörður, Reykjavík. 69 íbúðir. In preparation. 
  • Sandgerði (south of Sandgerðisvegur) 11 apartments. In preparation
  • Akranesi, Asparskógar 11 and 17, 24 apartments. In preparation.
  • Vindás and Brekknaás, Reykjavík, 45 apartments. In preparation.
  • Háleitisbraut, Reykjavík, 48 apartments. In preparation.
  • Seljahverfi, Reykjavík, 48 apartments. In preparation.

Projects completed

  • Silfratjörn, Úlfarársdal in Reykjavík, 66 apartments. The first tenants moved in September 1st 2020. The project was fully accomplished in October 2021.
  • Akureyri (in Gudmannshagi) 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, 12 apartments in Sambyggð. All apartments were ready in October 2020.
  • Urðarbrunnur, Úlfarársdal in Reykjavík, 66 apartments. The first tenants moved in, in August 2019. The project was fully accomplished in April 2020.
  • Móavegur, Grafarvogi in Reykjavík, 124 apartments. The first tenants moved in, in June 2019. 
  • Akranes, 33 apartments in Asparskógar. The first tenants moved in, in June 2019.