Eignabjarg ehf. is responsible for administrating and disposing of shareholdings in companies which Arion Bank has taken possession of and which Eignabjarg then acquires following financial restructuring.
Eignabjarg aims to safeguard the independence of all the companies it acquires and seeks to ensure that they are sold in an open, transparent and fair sales process.
Most companies which have been in Eignabjarg's asset portfolio have now been sold in an open sales process.
The financial restructuring of Reitir fasteignafélag hf. was completed in 2014. It is aimed to list Reitir on the main list of NASDAQ OMX Iceland in 2015. Once this has been completed, Eignabjarg will have completed its purpose and will be dissolved.
Landey ehf. is a property development company. Projects undertaken by the company are usually complex and extensive and do not generate high levels of income. The company’s objective is to maintain and increase the value of its properties through professional development, design and construction until a satisfactory price can be obtained.