Harnessing our profound understanding of real estate dynamics, St. Jørgen has discerned a distinctive opportunity at the intersection between energy and real estate ventures. Positioned uniquely, we extend beyond conventional boundaries to enhance renewable energy initiatives, thereby enriching not just the project itself but also the local community through innovative real estate solutions. Our real estate business therefore ties in with our philosophy of engaging with and supporting local communities. We currently have two real estate projects under development, one located in Løgstør of about 22 terrace houses and the other located in Runavik of about 185 apartments.
REAL ESTATE
PROJECT LOCATIONS
Discover the location and size of our real estate projects.
PROJECT LOCATIONS
Discover the location and size of the real estate projects.
PROJECT DEEP DIVE - RUNAVIK
Runavik, The Faroe Islands
Phase: Under development
Our real estate project in Runavik will comprise approximately 185 apartments.
This project stands as one of the largest of its kind in the North Atlantic area. Situated just 15 minutes from Torshavn, once completed, the apartments will vary in size, ranging from 1 to 3+ bedrooms. Designed by Human Architecture Group, the apartments will boast sustainable materials and are tailored to meet the needs of the local communities. Construction for this project is anticipated to commence in 2025.
CONTACT
Do you have any questions or do you want to know more about our Real Estate projects?
Contact person DK
CONTACT
Do you have any questions or do you want to know more about our Real Estate projects?
Contact person FO
Joel Undir Leitinum, Chairman FO Projects