BBA//Fjeldco‘s rapidly growing team handles all aspects of real estate financing and development work, as well as PFI and PPP issues. The group benefits from the support of the firm’s robust corporate and banking teams, positioning the department as a key name for real estate sector transactions. Kári Ólafsson co-leads the team alongside Tómas Magnús Þórhallsson, who made partner in January 2023, and Jóhann Magnús Jóhannsson, who joined the department in May 2023 from an in-house position.
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Key clients
- Blikastaðaland ehf.
- Eik fasteignafélag hf.
- Eleven Experience in Iceland
- Kaldalón hf.
- Hagar hf.
- Kadeco ehf.
- Harpa Concert and Conference Hall
- Arnarland ehf.
- Safír byggingar ehf.
- Mannverk ehf.
- Fasteignafélagið Sæmundur ehf.
- Alvotech
Work highlights
- Acted as the legal adviser to Blikastadaland ehf., and its ultimate parent company, Arion Bank hf., with respect to a partnership agreement with the municipality of Mosfellsbaer on the development of a 90-hectare area of land in the capital area of Iceland.
- Acted for Safír byggingar ehf. (Safír), a real estate development company and constructor, on all aspects of the ISK5.1bn acquisition of 'Project Orkureitur', a new urban neighbourhood in Reykjavík with over 40,000m2, 436 apartments, shops and services
- Acted as the legal adviser to FPI Group Ltd. and other UK-based investors with respect to the acquisition of land and a land-based fish-farming facility in Iceland.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
The lawyer(s) leading their teams.
Kári Ólafsson, Tómas Magnús Þórhallsson, Jóhann Magnús Jóhannsson