FESTIR is an Icelandic property development company fueling the progressive evolution of communities through original real estate development solutions.
Born out of Iceland’s rich soil, FESTIR is a property development company founded by Ólafur Ólafsson. We fuel the progressive evolution of the built environment through tactful real estate development that meets the ever-increasing demands for quality and environmentally friendly solutions. The interweaving of planning, architecture and business interests ensures a lasting added value to our projects. Working hand-in-hand with stakeholders, FESTIR’s thorough analysis of investment options delivers solutions that positively impact their inhabitants and the greater community. FESTIR's collection of inspiring local and international talent is the power source of our success.