BBA//Fjeldco offers expert legal counsel to domestic and international clients in Iceland, specialising in all areas of real estate law, including financings, developments, PFI and PPP issues, and real estate disputes. The team is co-led by Kári Ólafsson, who advises on real estate, construction, planning, and zoning matters; Tómas Magnús Þórhallsson, who is an expert in real estate transactions and advises listed real estate companies; and Jóhann Magnús Jóhannsson, who is experienced in negotiating real estate deals. Key associate Einar Brynjarsson assists clients in court during real estate and construction disputes.

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Key clients

  • Icelandic Ministry of Finance
  • Harpa Concert and Conference Hall
  • Hagar hf.
  • Alvotech

Work highlights

  • Advised the Icelandic Ministry of Finance in a significant transaction in relation to the Government’s initiative purchase of the majority of residential houses in the town of Grindavík, whose 4,000 residents have recently been displaced by ongoing volcanic eruptions in the area.
  • Advised 105 Miðborg slhf., a fund managed by Íslandssjóðir and owned by Icelandic pension funds, insurance companies and private investors, and the developer of a major 80,000 square meters redevelopment and construction project in Kirkjusandur.
  • Advised “Heklureitur” on a project in central Reykjavik, covering every aspect of the acquisition, financing, and due diligence, guiding the company through complex negotiations with the municipality, addressing crucial issues such as planning and zoning.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Kári Ólafsson, Tómas Magnús Þórhallsson, Jóhann Magnús Jóhannsson

Other key lawyers

Einar Brynjarsson