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Ikea parent spends more than $26m on additional forestry land

The group’s investment and asset subsidiaries have continued to grow its New Zealand forestry portfolio.

Three new blocks of forestry have been acquired by the Netherlands-based Ingka Group.

Kate McVicar Wed, 27 Mar 2024

Ikea’s parent group, Ingka Group, has been approved to purchase three more forestry plots, adding to its already substantial domestic holding. 

A summary of recent consent decisions reported by Toitū Te Whenua Land Information New Zealand approved three new land purchases under investment and

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Kate McVicar Wed, 27 Mar 2024
Contact the Writer: kate@nbr.co.nz
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Ikea parent spends more than $26m on additional forestry land
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