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Exclusive-IKEA mall arm diverges into a home with a new center in China

August 11, 2021
Source: texasnewstoday.com texasnewstoday.com
News Snapshot:
August 10, 2021 Anna Ringstrom STOCKHOLM – The world’s largest IKEA shopping mall business, the first multipurpose retail and housing development in Changsha, southern China, has begun a flat sales process for approximately 500 units. Cindy Andersen, managing director of Ingka Centers since February, said he expects flat buyers to move in in March 2022 after the adjacent mall opened last month following a pandemic delay. Ingka Centers has 45 malls, or “meeting places,” which have been fixed by IKEA furniture stores in Europe, Russia and China under the Livat brand in China, following strategic adjustments a few years ago....
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Tags: ARM | Beijing | brand | Business | Changsha | China | Chinese | cinema | currency | e-commerce | entertainment | Europe | Hunan | Ikea | investment | Pandemic | Renminbi | restaurant | retail | Russia | social media | sports | Tencent | WeChat | Yuan

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