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Ikea owner buys up Northland forestry - MyNZ

Ikea owner buys up Northland forestry

🔗 Source: RNZ

Ikea owner buys up Northland forestry

Ingka Investments, Ikea's parent company, bought 10,000 hectares of Northland forest for $616M, mainly for timber, not carbon. The land will support local jobs, biodiversity, and Ikea's NZ store opening in December, with sustainable management and community access prioritized.

RNZ•about 4 hours ago•3 views

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