Fifth Avenue, New York
Invested in 2024, this 1,000,000 sqft (93,000 m2) high street property will be a mixed-use retail and office project.
Ingka Investments invests in core inner city real estate and large distribution and logistics parks in major cities important to IKEA Retail.
As the retail industry continues to evolve, our investments play a central role in supporting the global expansion strategy of IKEA Retail – bringing IKEA closer to customers. Our long-term ownership in real estate allows IKEA Retail to reduce operating costs and invest in their business.
“We grow in line with IKEA’s global expansion strategy, investing in prime locations for retail and distribution and logistics.”
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