Invest in the Nordics – Introduction of large-scale opportunities in safe and sustainable Iceland, a high-growth market
Welcome to learn about K64: Iceland’s Airport Region and Keldur Development Area in Reykjavik
- When: Wednesday 11 March from 11 to 12
- Where: Verriére California, 5th floor of the Palais
K64: Iceland’s Airport region - Where Nordic innovation meets transatlantic opportunity
K64 – Iceland’s Airport Region, surrounding Keflavík International Airport (KEF), presents exceptional development opportunities. Its immediate proximity to Iceland’s primary passenger and cargo hub provides direct connections to more than 90 destinations across Europe and North America. The area benefits from deep-sea port facilities, access to 100% renewable energy, and a large, diverse population known for innovation and a strong work ethic. Together, these factors create a compelling platform for sustained growth and long-term value creation
The K64 Masterplan is a comprehensive, long-term development strategy for the area surrounding KEF Airport. It includes three major industrial sites, one of which is a purpose built circular industrial park with scalable plots and strong expansion potential. Light industrial zones complement these areas, including a site with direct airside access suited for logistics and time critical operations. The plan also sets aside space for commercial services, hospitality, and airport adjacent businesses requiring operational proximity. In the long term, approximately 4,000 new housing units will support workforce availability and sustainable community growth.
In his presentation, Pálmi Freyr Randversson, CEO of Kadeco – Keflavík Airport Development Company, will outline the strategic investment opportunities within K64 – Iceland’s Airport Region.
Keldur Development Area in Reykjavík - Large scale investment opportunities
Keldur will be an exciting, modern urban quarter in Reykjavik and the future home to 13,000 residents and 8,000 jobs, focused on eco-friendly transportation and land-use around three transit stations.
A total of 5,800 apartments and 150,000 square meters for jobs are included in the masterplan for Keldur, a development in a dense human-scale of 3-5 floors with premium urban qualities for residents and visitors.
A strong and accumulated demand for housing in Reykjavik is evident, which we believe should make this large-scale project highly attractive to both Icelandic and International investors/developers.
The development project will be presented by Magdalena Hedman from Swedish architect studio FOJAB and Thorsteinn Hermannsson from Transport for the Capital Area, a public company in Reykjavik that is overseeing the development and sale of land at Keldur.