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Ikea parent group shells out more than $134m on new forestry

A decision from December marks Ingka Group’s largest single purchase in New Zealand to date.

Netherlands-based Ingka Group continues to grow its land portfolio.

Kate McVicar Thu, 29 Jan 2026

Ikea’s parent group, Ingka Group, has been approved to purchase more New Zealand land for forestry purposes, including its largest acquisition to date. 

A summary of recent consent decisions from Toitu Te Whenua Land Information New Zealand (Linz) reported investment and asset subsidiaries owned

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Kate McVicar Thu, 29 Jan 2026
Contact the Writer: kate@nbr.co.nz
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Ikea parent group shells out more than $134m on new forestry
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