Ikea Owner Takes Stake in New Fifth Avenue Office Tower, Plans NYC Store
Retail TouchPoints
JULY 2, 2024
Ingka Investments will hold a one-third stake in the project alongside preferred equity components and full ownership of the building’s prime retail space, an 80,000 -square-foot store with a corner entrance on Fifth Avenue where Ingka plans to put an Ikea “customer meeting point.” in a statement. . in a statement.
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