110
-0.90%
Close of 6 Nov 2026, in ISK
About Reitir fasteignafelag hf
Its shares trade on Nasdaq Iceland under the ticker REITIR.IC. It has been listed since 9 April 2015. In the fiscal year to 31 December 2025, it reported revenue of ISK 18.21bn and net income of ISK 11.08bn. At that date it held total assets of ISK 256.06bn and shareholders' equity of ISK 79.10bn.
Reitir Fasteignafelag hf operates as a real estate investment company, which invests in office, retail, hospitality, and industrial real estate. The company is primarily engaged in rental of commercial properties. Its portfolio comprises about 140 properties, with a total size of approximately 410 thousand square meters. The company includes offices, hotels and retail space, mainly located in the Reykjavik area. Its customers include corporations, medium-sized companies, individuals and institutions. The firm operates a as parent of the Group, comprising also its several wholly owned subsidiaries, namely Reitir I ehf, Reitir II ehf, Reitir III ehf, Reitir IV ehf, Reitir V ehf, Reitir VII ehf and Reitir Thjonusta ehf. The firm's properties portfolio includes Kringlan shopping centre, Holtagardar shopping centre, Icelandair Hotel Reykjavik Natura, Reykjavik Hilton, among others.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Real Estate
- Industry
- Real Estate Management & Development
- Listed since
- 9 Apr 2015
- Employees
- 22
- Website
- reitir.is ↗
Leadership
Pay as last reported
- Mr. Thorarinn ThorarinssonIndependent Chairman of the BoardISK 12.5m
- Mr. Gudni AdalsteinssonChief Executive OfficerISK 52.0m
- Mr. Einar ThorsteinssonDeputy Chief Executive Officer, Chief Financial Officer, since 2024ISK 29.9m
- Ms. Elin ArnadottirIndependent Vice Chairman of the Board, since 2024ISK 7.5m
- Mr. Kristinn AlbertssonIndependent DirectorISK 7.9m
- Mr. Guomundur JonssonIndependent DirectorISK 8.5m
- Ms. Anna PalsdottirIndependent DirectorISK 5.9m
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 22
- Environment
- 8
- Social
- 15
- Governance
- 44
- Women in the workforce
- 52%
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Reitir Fasteignafelag hf owns 140 properties totaling 410 thousand square meters in Reykjavik.
- The company's portfolio includes Kringlan and Holtagardar shopping centres and Icelandair Hotel Reykjavik Natura.
- Reitir operates subsidiaries like Reitir I ehf and Reitir V ehf for diversified real estate management.
Weaknesses
- The company's focus on Reykjavik limits geographic diversification across Iceland.
- With 22 employees, Reitir has a small operational team for managing 140 properties.
- Reitir's portfolio is heavily reliant on commercial rental income from Reykjavik properties.
Opportunities
- Expanding into industrial real estate could leverage Iceland's growing logistics sector.
- Tourism growth in Reykjavik may increase demand for hospitality properties like Reykjavik Hilton.
- Developing retail spaces near Kringlan shopping centre could enhance tenant mix.
Threats
- Economic downturns in Iceland could reduce commercial rental demand in Reykjavik.
- Competition from new real estate firms might impact rental rates in Reykjavik.
- Natural disasters in Iceland could disrupt operations at properties like Icelandair Hotel Reykjavik Natura.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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