Ingka Centres Acquires Kings Mall Shopping Centre in London

Sweden Sweden — Ingka Centres, part of the Ingka Group (which also includes IKEA Retail and Ingka Investments), has acquired Kings Mall shopping centre in Hammersmith, London from Schroder UK Real Estate Fund. Ingka Centres plan to transform the shopping centre into a new IKEA-anchored urban, mixed-use destination, helping to regenerate the Hammersmith area.

Ikea Makes Major Real Estate Investment

Sweden Sweden — Ingka Centres, formerly Ikea Centres, has unveiled a major new strategic vision that will see it invest €5.8 billion over the next three years to create new Ikea anchored meeting places across the world.