Heimar hf.: Acquisition of Tryggvagata ehf. Finalized

Heimar hf. ("Heimar") has finalized its acquisition of all shares in Tryggvagata ehf., as previously announced on 20 February 2025. The sellers are MF2 hs. and Laxamýri ehf. The purchase price was settled in full through a combination of cash payment and assumption of debt. Tryggvagata ehf. owns the properties located at Tryggvagata 14 and Tryggvagata 10 in downtown Reykjavík. The total floor area of the properties is approximately 5,500 square meters. The acquisition includes a 106-room, four-star hotel s ...