Jökulsárlón glacial lagoon to be sold to owner of Subway?

An investment company owned by Skúli G.Sigfússon, the owner of the Subway chain in Iceland made the highest bid on the land where the Jökulsárlón glacial lagoon is located. 

The parcel of land, known as Fell, contains part of the Jökulsárlón glacier lagoon, one of Iceland’s premiere tourist destinations.

The bidding process for the land is finished and the county magistrate will be making a decision on the offers. 

Sigfússon's offer is for 1.1 billion ISK. 

Related stories: 

Weather

Snow showers

Today

-3 °C

Partly cloudy

Later today

-4 °C

Snow

Tomorrow

-2 °C

Exchange rates

USD USD 120.57 EUR EUR 137.00
GBP GBP 155.72 DKK DKK 18.35
NOK NOK 14.04 SEK SEK 13.35
CHF CHF 120.96 JPY JPY 1.10
ISK price of selected currencies, according to the official exchange rate of the Central Bank of Iceland. Updated daily.