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Property
2 mins to read
1

Ikea’s parent buys more farmland for forestry

Ingka Group approved for $13m Hawke’s Bay land acquisition and plans to establish a commercial forest on the existing farmland.

Waikareao Station, 25 kilometres east of Waipukurau.

Kate McVicar Thu, 01 Aug 2024

Ikea’s parent group, Ingka Group, has been approved to purchase another block of New Zealand land.

A summary of recent consent decisions from Toitu Te Whenua Land Information New Zealand (Linz) reported investment and asset subsidiaries owned by Ingka were granted permission to buy Waikareao

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Kate McVicar Thu, 01 Aug 2024
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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