Kaldalón hf.

Kaldalón hf. is an Icelandic real estate company specializing in the development, ownership, leasing, and management of commercial properties. Established in 2017, the company aims to be a leading developer in Iceland, focusing on well-located and sought-after construction sites. Its headquarters are located in Reykjavík, Iceland.

The company's core activities encompass investment in real estate, including the purchase, sale, operation, and management of real estate assets and companies. Kaldalón's diversified portfolio primarily consists of commercial properties such as offices, retail spaces, hotels, and healthcare facilities, predominantly located within the Greater Reykjavík area. The company also engages in lending activities and the financing of construction projects.

Kaldalón hf. is publicly traded on the Nasdaq Iceland Main Market. Jón Þór Gunnarsson serves as the CEO, and Ásgeir Helgi Reykfjörð Gylfason was appointed Chairman of the Board in March 2026. Recent notable activities include the approval of strong 2025 annual accounts, with significant increases in operating profit and rental income, and a proposed dividend payment of ISK 1,000 million. The company also implemented a share buyback program in March 2026 and expanded its portfolio through the acquisition of FÍ fasteignafélag's properties in late 2025. Kaldalón is working towards a target of a ISK 100 billion property portfolio by 2026, maintaining high occupancy rates and a focus on sustainable operations.