Þórkatla postpones Grindavík meetings after criticism of buyback plan

Property company Þórkatla has postponed two meetings about its home buyback plan in Grindavík after residents sharply criticised the proposal, mbl.is reports.

The meetings had been scheduled for November 17 and 19. Þórkatla managing director Örn Viðar Skúlason said the company would first review comments made at a crowded residents’ meeting on November 11.

Skúlason said the meeting aimed to gather further feedback and give residents who had not taken part in earlier consultations a chance to share their views. The company will arrange new meetings after reviewing the comments, but has not said when they will take place or whether it plans to change the plan.

Earlier on November 12, Grindavík’s municipal council declared it had no confidence in Þórkatla’s conduct and working methods toward residents, and urged the company’s management to revise the plan in consultation with them.