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IKEA's malls arm branches out into housing with new centre in China

August 12, 2021
Source: upnewsinfo.com upnewsinfo.com
News Snapshot:
3/3 © Reuters. General view of the Livat shopping centre in Changsha, China in this picture obtained by Reuters on August 10, 2021. Ingka Centres/Handout via REUTERS 2/3 (This Aug 10 story was corrected to change 1.5 million from billion in last paragraph) By Anna Ringstrom STOCKHOLM (Reuters) – IKEA’s shopping malls business, one of the world’s biggest, has kicked off the sales process for some 500 flats at its first-ever mixed-use retail and residential development, in Changsha in southern China. Cindy Andersen, managing director at Ingka Centres since February, said in an interview she expected flat buyers to start...
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