Property Exchange in Hoydøler Still Not Settled

The exchange of partners between the Government and the Municipality of Torshavn has not yet been completed. The case is almost three years old. The city council agreed yesterday that the municipality accepts the state's wish not to hand over the properties in Hoydøler to the municipality. The municipality should therefore not buy the old student school, but the municipality should take over the loans for a maximum of ISK 4.5 million. kr. The po…