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.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘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.'
- ‘The team brings knowledge, competence, and experience.’
- ‘Their commitment to understanding the client's perspective is crucial in crafting effective dispute resolution strategies.’
- ‘They are quick thinking and well prepared, even though we are mostly engaged in extraordinary situations and dealing with disputing stiff-necked counter parties.’
Key clients
- 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
Work highlights
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.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Kári Ólafsson; Tómas Magnús Þórhallsson; Jóhann Magnús Jóhannsson
Other key lawyers
Einar Brynjarsson