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Ikea parent group expands NZ forestry portfolio

The group’s investment and asset subsidiaries were granted consents for two new purchases worth nearly $28m.

The Ingka Group had two new property purchases approved in October.

Kate McVicar Tue, 12 Dec 2023

Ikea’s parent group, Ingka Group, has been approved to purchase two new blocks of land in different parts of the country for about $27.9 million, bolstering its forestry portfolio.

A summary of recent consent decisions reported by Toitu Te Whenua Land Information New Zealand last week reported two

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Kate McVicar Tue, 12 Dec 2023
Contact the Writer: kate@nbr.co.nz
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Ikea parent group expands NZ forestry portfolio
General Business,
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