INGKA Centres

Dutch commercial real estate developer and operator From Wikipedia, the free encyclopedia

INGKA Centres Holding B.V. (formerly known as IKEA Centres and IKANO Retail Centres) is a Dutch commercial real estate developer and operator owned by INGKA Holding.

IndustryRetail
Founded1973; 53 years ago (1973)
Quick facts Company type, Industry ...
INGKA Centres Holding B.V.
Company typeReal estate developer
IndustryRetail
Founded1973; 53 years ago (1973)
FounderIngvar Kamprad
HeadquartersNetherlands
Area served
Worldwide
Key people
CEO – Juvencio Maeztu
ParentINGKA Holding
Websitewww.ingkacentres.com
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INGKA Centres is one of the biggest shopping centre companies, owning, managing and operating 37 'meeting places' across Asia, Europe and the Americas.[1]

History

The company was founded as in 1972, when a shopping centre named Birsta City was built next to an IKEA store in Sundsvall, Sweden which opened a few years prior in 1969.[2]

In 2002 and 2014 respectively, the IKEA Group began opening shopping centres in China and Russia under the Livat and MEGA brands respectively.[3]

In 2015, Ikano sold its 51% stake of the company to the IKEA Group, IKANO Retail Centres, alongside the Livat and MEGA centres, were unified under the IKEA Centres group.[4][2]

Photo of Livat Bejing with older branding.

In 2018, the company was rebranded from IKEA Centres to INGKA Centres, as part of its parent company's rebranding to its legal name of INGKA Group.[5]

Originally, the company built and developed its own shopping centres, this changed in 2020 when they acquired a building in San Francisco and the Kings Mall in Hammersmith, the latter was rebranded under the Livat brand, making this the first centre outside of China to adopt the name. Both acquired properties became home to a concept IKEA store called IKEA City.[6][7][8]

INGKA Centres announced in December 2021 that it would open two malls, anchored by IKEA stores, in Gurugram and Noida in India at a cost of around 9,000 crore (US$1.1 billion). Both malls are expected to open by 2025.[9][10]

Following the invasion of Ukraine, INGKA Centres halted retail operations in Russia and in September 2023 sold all its MEGA Centres to Gazprombank Group.[11][12]

In 2026, INGKA Centres made a deal with GoHigh Capital to sell some of its interest in its Livat centres in China, INGKA Centres would still co-own and manage the centres.[13]

In March 2026, INGKA Centres announced that they would unify their shopping centres in Sweden under the Livli brand, these shopping centres include Birsta City, Erikslund Shopping Center and i-HUSET.[14]

Current operations

INGKA Centres currently owns, manages and operates 37 shopping centres (or self-described 'meeting places') across the globe, all of them have IKEA as an anchor tenant.[15]

Asia

More information Centre, Location ...
Centre Location Shops Opened/Acquired Owner
Livat Beijing Daxing, Beijing, China 455 2015 INGKA Centres and GoHigh Capital[13]
Livat Changsha Changsha, Hunan, China 380 2021 INGKA Centres
Livat Fuzhou Fuzhou, Fujian, China 62 2021 INGKA Centres
Livat Hefei Hefei, Anhui, China 60 2023 INGKA Centres
Livat Kunming Kunming, Yunnan, China 62 2022 INGKA Centres
Livat Nanning Nanning, Guangxi, China 80 2021 INGKA Centres
Livat Shanghai Changning, Shanghai, China 300 2024 INGKA Centres
Livat Wuhan Wuhan, Hubei, China 356 2015 INGKA Centres and GoHigh Capital[13]
Livat Wuxi Wuxi, Jiangsu, China 318 2014 INGKA Centres and GoHigh Capital[13]
Livat Xi'an Xi'an, Shaanxi, China 450 2024 INGKA Centres
Lykli Gurugram[16] Gurugram, India 253 2025 INGKA Centres
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Europe

More information Centre, Location ...
Centre Location Shops Opened/Acquired Owner
Designer Outlet Croatia Zagreb, Croatia 74 2018 INGKA Centres, ROS Retail Outlet Shopping and Mutschler Outlet Holding[17][18]
Avion Shopping Park Ostrava Ostrava, Czech Republic 178 2001 INGKA Centres
Matkus Shopping Center Kuopio, Finland 72 2012 INGKA Centres
Ametzondo Shopping Biarritz, France 110 2016 INGKA Centres
Italie 2 Paris, France 114 1990 (acquired 2023)[19] INGKA Centres
Pasing Arcaden Munich, Germany 140 2011 (acquired 2024)[20] INGKA Centres
ELNÒS Shopping Roncadelle, Italy 145 2016 INGKA Centres
Tiare Shopping Villesse, Italy 146 2013 INGKA Centres
Aleja Bielany Bielany Wrocławskie, Poland 200 1998 INGKA Centres
Port Łódź Łódź, Poland 198 2010 INGKA Centres
SKENDE Shopping Lublin, Poland 67 2017 INGKA Centres
Wola Park Wola, Poland 200 2002 INGKA Centres
MAR Shopping Algarve Algarve, Portugal 180 2017 INGKA Centres
MAR Shopping Matosinhos Matosinhos, Portugal 110 2008 INGKA Centres
Avion Shopping Park Ružinov Ružinov, Slovakia 180 2002 INGKA Centres
LUZ Shopping Cádiz, Spain 67 2010 INGKA Centres
RÍO Shopping Valladolid. Spain 135 2012 INGKA Centres
Älmhults Handelsplats Älmhult, Sweden 19 2013 INGKA Centres
Livli Sundsvall Sundsvall, Sweden 100 1967 INGKA Centres
Livli Västerås Västerås, Sweden 83 2001 INGKA Centres
Livli Linköping Linköping, Sweden 70 1994 INGKA Centres
Livli Kungens Kurva Stockholm, Sweden 28 2014 INGKA Centres
Shopping Park Kållered Kållered, Sweden 20 1986 INGKA Centres
Avion Shopping Park Umeå Umeå, Sweden 92 2001 INGKA Centres
Churchill Square Brighton, England, United Kingdom 82 1998 (acquired 2023)[21] INGKA Centres
Livat Hammersmith Hammersmith, England, United Kingdom 33 1979 (acquired 2020)[22] INGKA Centres
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The Americas

More information Centre, Location ...
Centre Location Shops Opened/Acquired Owner
Aura Toronto, Ontario, Canada 1 2014 (acquired 2021)[23][24][a] INGKA Centres
945 Market San Francisco, California, United States 12 2024 INGKA Centres
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Notes

  1. Retail podium, floors 1-3

References

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