IKEA franchisee announces deal with Beijing investment firm

16.01.2026

Ingka Centres, a branch of the IKEA franchisee Ingka Group, has announced a new partnership with investment firm GoHigh Capital to establish a real estate fund for China, which will co-own three of Ingka's Livat shopping centers.

Subject to approval by regulatory authorities, the agreement would entail Ingka continuing to manage...