Led by Halldór Jónsson, the real estate and construction team at Juris continues to lead in the space and provides key advice to clients, who include governmental bodies and major real estate companies. Halldór brings established real estate experience, particularly focusing on residential construction projects and with further knowledge of tax issues. He is supported regularly by Simon Knight, who provides expertise in project finance and construction, with a focus on energy and infrastructure, and by Edda Andradóttir, who is a recognised expert in land ownership and lease issues. Hildur Þórarinsdóttir and Sigrún Magnúsdóttir are two further key names in the team, who advise on a range of procurement and dispute matters.
Real estate and construction in Iceland
Juris
Praxisleiter:
Halldór Jónsson
Weitere Kernanwälte:
Simon Knight; Edda Andradóttir; Hildur Þórarinsdóttir; Sigrún Magnúsdóttir
Referenzen
‘Good knowledge in this field.’
‘Halldór Jónsson represented the counterparty in negotiations concerning building plots. He was firm yet constructive in his approach, highly goal-oriented, and demonstrated both flexibility and focus in driving the process forward. We have worked with him on several projects and value his honesty and professionalism throughout our dealings.’
‘Juris’s real estate and construction team stands out for its practical understanding of both the legal and commercial realities of the Icelandic market. The team’s strength lies in its ability to guide clients through complex transactions, development projects, and regulatory frameworks with clear, pragmatic advice. Juris adopts a collaborative approach, working closely with clients and other advisors.’
Kernmandanten
Norðurturninn hf.
Aðaltorg ehf.
Icelandic Ministry of Finance and Economic Affairs
University of Iceland
Rekstrarfélag Kringlunnar ehf.
wpd international GmbH
Samtök fjármálafyrirtækja (Finance Iceland)
Eyvi AS
HS Orka hf.
Skuggi 3 ehf.
Óseyrarhverfi ehf.
Drífa ehf.
Municipality of Garðabær
Municipality of Ísafjörður
Ísloft blikk og stálsmiðja
Heimar hf.
Innviðir fjárfestingar II slhf.
Highlight-Mandate
- Represented the University of Iceland in damages claims following a major water leak.
- Advising and representing Rekstrarfélag Kringlunnar following the fire at its shopping mall.
- Advised Samtök fjármálafyrirtækja (Finance Iceland) on the financing of the purchase of all residential housing in the town of Grindavík.
Lex Law Offices
With an established presence in the market, the real estate and construction team at Lex Law Offices provides key advice to its clients, who include major real estate companies and local municipalities. The team is led by Óskar Sigurðsson, who provides litigation expertise with particular skill in property disputes, and Arnar Þór Stefánsson, who brings recognised experience in planning and administrative law. Guðjón Ármannsson is another key name in the team and has recently focused his practice on work for municipalities. Hjalti Geir Erlendsson provides regular support, particularly in dispute resolution.
Praxisleiter:
Óskar Sigurðsson; Arnar Þór Stefánsson
Weitere Kernanwälte:
Guðjón Ármannsson; Hjalti Geir Erlendsson
Referenzen
‘Lex is brilliant because it combines unmatched dispute resolution expertise in Iceland with strategic creativity, responsiveness, and client-focused innovation — offering the depth of a leading full-service firm with the agility and personal attention clients value most.’
‘The individuals we work with at Lex truly stand out for their deep knowledge of Icelandic law and their ability to translate that expertise into clear, practical guidance. They are not only highly knowledgeable but also strategic, approachable, and consistently responsive — qualities that make them invaluable partners in resolving complex disputes.’
‘The Lex team is highly professional, hard-working, and demonstrates excellent work ethics. They proactively notify us about upcoming changes in the real estate and construction fields. Their responses are consistently fast, and they ensure smooth communication and strong connections with Icelandic Authorities on our behalf.’
Kernmandanten
Heimar hf.
Landsvirkjun sf.
Kópavogur municipality
Grímsnes- og Grafningshreppur municipality
Cargow Thorship / Tor Cargo
Mosfellsbær municipality
Hveragerðisbær municipality
Hótel Geysir ehf.
Árkór ehf.
EFLA hf.
Nýr landspítali ohf.
Árborg municipality
Reykjastræti ehf.
Samherji hf.
Highlight-Mandate
- Acted as lead counsel to Heimar hf. on its ISK 13,850,000,000 acquisition of all shares in Gróska ehf. and Gróðurhúsið ehf.
- Represented Kópavogur municipality in a case centred on the expropriation of land at Vatnsendi, leading to the acquittal of Kópavogur municipality.
- Acted as legal counsel to Samherji hf. on the financing of the first and second phases of the construction of Salmon Garden.
LOGOS
The real estate and construction team at LOGOS continues to be a leader in the Icelandic market. Recently, its work has included residential property purchases and administration and securing financing for real estate and construction projects. Hjördís Halldórsdóttir heads the practice, providing strong construction experience and bringing particular expertise in litigation matters. Benedikt Egill Árnason brings additional construction support, as well as aid in M&A, energy, and corporate law. Newly promoted partners Kristofer Jonasson and Maren Albertsdottir also provide support on a variety of matters, as does Katla Lovísa Gunnarsdóttir. Heiðar Ásberg Atlason left the firm in June 2025.
Praxisleiter:
Hjördís Halldórsdóttir
Weitere Kernanwälte:
Benedikt Egill Árnason; Kristofer Jonasson; Maren Albertsdottir; Katla Lovísa Gunnarsdóttir
Kernmandanten
Adira ehf.
Bjorgun ehf.
B.M. Valla ehf.
BS eignir ehf.
Dreisam ehf.
Eignarhaldsfelagid Hornsteinn ehf.
Fasteignafelagid Thorkatla ehf.
First Water hf.
Framkvaemdafelagid Arnarhvoll ehf.
Geo salmo ehf.
GG verk ehf.
Framkvaemdasyslan – Rikiseignir
HeidelbergCement Pozzolanic ehf.
Hjallahraun 4 ehf.
Hladbaer Colas ehf.
Hraunbyggd ehf.
Islenskir adalverktakar hf.
Istak hf.
Klasi ehf. / Smarabyggd ehf.
Landsnet hf.
Leonhard Nilsen & Sønner AS
Nordural Grundartangi ehf.
Rio Tinto a Islandi ehf.
Rizzani de Eccher Island ehf.
Rizzani de Eccher S.p.A.
Sementsverksmidjan ehf.
Sulur Reykjavik ehf.
Thingvangur ehf.
Highlight-Mandate
- Representing Fasteignafelagid Thorkatla ehf., handling legal negotiations, corporate structuring, and safeguarding the company’s interests.
- Advised Sulur Reykjavik ehf. on a complex real estate transaction, securing long-term financing, revolving construction funding, and a long-term lease.
- Advises First Water hf. on multiple construction, engineering and related contracts with various counterparties from Iceland, Norway and Denmark, in relation to the construction of a salmon land farming plant in Thorlakshofn.
BBA//Fjeldco
The real estate and construction team at BBA//Fjeldco regularly handles complex matters for its clients, such as the acquisition of construction rights and real estate financing. The team is led by a trio of experienced lawyers: Kári Ólafsson, Tómas Magnús Þórhallsson, and Jóhann Magnús Jóhannsson. Kári brings broad and long-standing expertise across the sector, with skills in lease agreements, zoning issues, and due diligence. Tómas and Jóhann provide further experience in complex real estate projects and negotiating purchase agreements, respectively. Einar Brynjarsson provides additional support.
Praxisleiter:
Kári Ólafsson; Tómas Magnús Þórhallsson; Jóhann Magnús Jóhannsson
Weitere Kernanwälte:
Einar Brynjarsson
Referenzen
‘Very knowledgeable and skilled at minimizing conflict situations, while at the same time being firm and to the point. They have been very helpful and skillful in handling difficult situations.’
‘We have worked mostly with Kári Ólafsson. He has done a very good job for us. He is very knowledgeable on legal matters, good at finding solutions and thinking outside the box when required.’
‘The BBA//Fjeldco team has an excellent understanding of the market in which the company operates, which is a great advantage when we need to turn to them.‘
Kernmandanten
105 Miðborg slhf.
2:2 Vision LLC
Afbragðs ehf.
Alvotech
Blikastaðaland ehf.
Eignamiðlun ehf.
Eik fasteignafélag hf.
Eldborg Capital ehf.
Eleven Experience in Iceland
Fasteignafélagið Sæmundur ehf.
Framkvæmdafélagið Laugavegur ehf.
Gebr. Heinemann SE & Co KG
Hagar hf.
Harpa Concert and Conference Hall
Hveraberg ehf.
Icelandic Ministry of Finance
Ísafold Capital Partners
Íslandsbanki hf.
Íslandssjóðir hf.
Jeffrey Todd Reimert
Kadeco ehf.
Kaldalón hf.
Litluvellir ehf.
M3 Real Estate Development
Mannverk ehf.
Miklaborg ehf.
MSG ehf.
Reir ehf.
Ósar – lífæð heilbrigðis hf.
Safír byggingar ehf.
Sam-Film Ltd. / Samfélagið ehf.
Seve Ehituse AS / Seve Iceland ehf.
Landey ehf.
Heartwood Afforested Land ehf.
Tryggvagata ehf.
Highlight-Mandate
- Advised M3 fasteignaþróun ehf. on the acquisition of construction rights at Vesturbugt in central Reykjavík and the financing of a major residential development project comprising up to 188 apartments.
- Acted for a foreign investor on a cross-border acquisition spanning the United States, Luxembourg, and Iceland, involving the purchase of land in East Iceland.
- Acted for MSG ehf. on the sale of the historic Austurbæjarbíó venue to real estate company Bergey ehf.
ADVEL Attorneys at Law
At ADVEL Attorneys at Law, the real estate and construction team shows strength in handling land purchases. The team is headed by Guðmundur Siemsen, a qualified district attorney who brings experience in project planning, general construction law, and public procurement. He also provides strong litigation experience and works across various teams at the firm, with additional expertise in administrative law.
Praxisleiter:
Guðmundur Siemsen
Kernmandanten
Arion Bank
Reitir Real Estate
Kolufell
Highlight-Mandate
- Advising Festi hf. on its forest carbon offset project to reduce the carbon footprint for the entire company group.
- Advising the atNorth group in relation to various projects which relates to building and establishment data centre facilities.