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An Eight-Day Delay Costs the State Nineteen Million

Summary by Vísir

The Icelandic state must pay a real estate company in Reykjavík 19 million krónur in damages due to the Icelandic National Heritage Institute's excessive hasty preservation in 2019. The National Court of Appeal concluded that hotel owners lost eight days' worth of rental income due to delays caused by the preservation.

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1 Articles

1 Articles

An Eight-Day Delay Costs the State Nineteen Million

The Icelandic state must pay a real estate company in Reykjavík 19 million krónur in damages due to the Icelandic National Heritage Institute's excessive hasty preservation in 2019. The National Court of Appeal concluded that hotel owners lost eight days' worth of rental income due to delays caused by the preservation.

2 days ago

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Vísir broke the news in 2 days ago on Thursday, October 16, 2025.

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