FESTIR is an Icelandic property development company fueling the progressive evolution of communities through original real estate development solutions.
TO SYMBIOTICALLY SCULPT OUR ENVIRONMENTS TO BEST BENEFIT THE PEOPLE, COMMUNITY AND NATURE.
Our Vision
SOPHISTICATED WORK METHODS AND CREATIVE PROBLEM-SOLVING SIT AT THE CORE OF OUR VALUES. WHILE ICELAND REMAINS AT THE CENTER OF OUR DNA WE HOLD OURSELVES TO THE HIGHEST OF INTERNATIONAL STANDARDS WHEN IT COMES TO QUALITY AND DESIGN.
30,000 sqm
In construction
Festir has over 30,000 sqm in construction today and over 1,000 hectares undergoing local planning.
Latest Project
Vesturvin
Expertise
Concept & Planning
Design & New Construction
Design & Transformation
Analysis of Investment Options
News
The new build Vesturvin is underway
NEW CONSTRUCTION
Festir has started phase 1 of the residential project at Hedinsreitur which we have named Vestuvin or West Oasis. The first phase will see 95 apartments built to be completed in 2024
Festir sells Exeter hotel
SOLD
Festir has finalized the Exter hotel development and has sold the proejct to investors
Vogabyggd project sold
SOLD
Festir has sold Vogabyggd project after cooperating in a new local plan for the area