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City Acquitted of Contractor's Claim
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The City of Reykjavík was acquitted of the claims of the real estate company Steindórs, which wanted to be reimbursed for fees it paid for the development of Steindórsreit. The company's claim to be paid extra for an apartment that Félagsbústaðir bought was also rejected. The company built residential premises at Hringbraut where there was previously a commercial activity. It was agreed that the company would pay a fee of 12,000 krónur per squar…
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