Gerard Groener

London — IKEA has purchased a West London shopping center, Kings Mall Shopping Centre in Hammersmith, where it will also debut its first UK small format store in spring 2021. The £170 million acquisition is part of IKEA’s strategy to develop mixed-use sites around urban stores. When it opens in 2021, the new Kings Mall store will mark the sixth London-area location for IKEA. Most recently, IKEA opened in the city in Greenwich last year. IKEA also launched two London planning studios in 2019 under its plan to develop new …

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