News

Alva Capital and the Independence Party have signed a purchase agreement for the property at Háaleitisbraut 1, better known as Valhöll.

The Independence Party (Sjálfstæðisflokkurinn) and the real‑estate company Alva Fasteignir have reached an agreement for Alva to purchase Valhöll, the party’s long‑time headquarters.

Alva fasteignir, Skorri Rafn Rafnsson's company, is well advanced in reaching agreements with the Independence Party on the purchase of Valhöll.

The investment company Alva Capital has hired two experienced managers, Jónas Heiðar Birgisson and Birgir Guðmundsson. Jónas has been appointed Chief Financial and Operating Officer, and Birgir has been hired as Project Manager for hotel projects.Guðni Aðalsteinsson tekur við The investment company Alva Capital has hired two experienced managers, Jónas…

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, announces its first signing in Iceland for its midscale long stay brand Candlewood Suites, by IHG. Signed as part of an agreement with ALVA Capital, IHG will look to develop up to 500 rooms in the city or wider Iceland…

Alva Real Estate purchased commercial premises at Rauðarárstígur 27 and part of a car park from Eik for a total of 820 million.

The owners of Brautarholt 22 request permission to raise the building by two floors Reykjavík’s planning representative has approved that two floors on the Nóatún side raise the building at Brautarholt 22. The upper floor will be recessed. 

Kvika Banki will become the sole owner of Netgíró by purchasing an 80% share in the company, which the company announced today as being completed. Still, the profit forecast for the coming year assumes that the purchase will have a positive effect on the year's results.

The financial technology company ALVA, which, among other things, owns and operates Netgíró and Aktiva, has hired Guðna Aðalsteinsson and Katrína M. Guðjónsdóttir as managing directors at the company. Guðni Aðalsteinsson tekur við starfi framkvæmdastjóra fjármála og rekstrarsviðs og Katrín M. Guðjónsdóttir tekur við starfi framkvæmdastjóra markaðssviðs. Um er að…

Helgi Björn Kristinsson recently became the managing director of Alva, the parent company of Netgíró and Aktiva. Alva employs around 40 people, including 20 programmers, in Iceland and Croatia. Aktiva offers its customers consumer loans, while Netgíró allows people to pay for products, distribute payments as needed, and provide loans…