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.

936 tenants have already received their apartments. 150 apartments are under construction or design process and 859 apartments are in preparation.

Projects in process

  • Akranesi, Asparskógar 3, 24 apartments. Allocation is completed. First apartments were delivered to new tenants in October 2023. Further information on allocation an beginning of rent here.
  • Brekknaás, Reykjavík, 48 apartments. The project is already in process, the first apartments are scheduled to be ready May 1st, 2024. Information on allocation an beginning of rent here.
  • Suðurnesjabær (Sandgerði) 11 apartments. The project is already in process, the apartments are scheduled to be ready October 1st, 2024. Information on allocation an beginning of rent here. 
  • Hvolsvöllur, 4 apartments. The project is already in process, the apartments are scheduled to be ready April 1st, 2024. Information on allocation an beginning of rent here.
  • Projects in preparation
  • Húsavík, 6 apartments. Starting point scheduled summer 2024.
  • Hella, 5 apartments. Starting point scheduled spring/summer 2024.
  • Reykjanesbær, 30 apartments. In design process. Starting point scheduled summer 2024.
  • Mosfellsbær, 24 apartments. In design process. Starting point scheduled summer 2024.
  • Safamýri 58 - 60 (by Háleitisbraut), Reykjavík, 40 apartments. In design process. Starting point scheduled summer 2024.
  • Haukahlíð, 102 Reykjavík. 67 apartments.In design process. Starting point scheduled summer/autumn 2024.
  • Rangársel, Reykjavík. 50 apartments. On hold.
  • Gufunes II, Reykjavík. 60 apartments. On hold.
  • Skerjafjörður, Reykjavík. 92 apartments. On hold.
  • Akureyri, 40 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

  • Garðabær, Maríugata 5 (Urriðaholti), 22 apartments. The project was fully accomplished in March 2023.
  • Grindavík, 10 apartments. The project was fully accomplished in March 2023.
  • 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, 28 apartments (Heiðarstekkur in Björk). The first tenants moved in June 2021. The project was fully accomplished in December 2021.
  • 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.