Iceland. Heimar hf

Date of agreement:26 Feb 2025
Country:Iceland
Customer:Heimar hf
Amount in ISK:ISK 4,500 million
Amount in EUR:EUR 31 million
Maturity:12 years

Project

The loan has been provided for Heimar hf to finance three real estate projects —the refurbishment of a health and medical centre, the expansion of a nursery home, and the construction of an office building in Iceland.

Heimar hf is an Icelandic real estate company listed on Nasdaq Iceland Stock Exchange. Heimar invests in, leases and manages commercial real estate in Iceland.

Fulfilment of NIB's mandate

Sunnuhlid 12, medical and health centre in Akureyri, northern Iceland

The project transforms a shopping centre into a healthcare station and other public and private healthcare facilities. While Akureyri has a hospital, the region lacks resources for preventive and non-critical care. By expanding service capacity, particularly in these areas, the project addresses the needs of a growing and aging population, easing pressure on the regional healthcare system.

 

Sóltun 2-4, nursery home for elderly care, Reykjavik

The project expands nursing home capacity and modernises facilities to meet growing demand for elderly care, projected at 150–200 additional places annually.

 

Silfursmári 12, office building, Kopavogur

The new office building’s prime location and improved traffic connections enhance the quality of services for tenants.

Sustainability summary

No significant environmental concerns have been identified.

Press release
05.03.2025

NIB funds Heimar’s real estate investments in Iceland

Press release

NIB fjármagnar fasteignaverkefni Heima hf. á Íslandi