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21 Feb 2026 11:56
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  •   Home > News > Business

    It's time to turn the excitement over Ikea up a notch

    It's time to turn the excitement over Ikea up a notch


    The Swedish homeware giant has won consent to buy land at Auckland's Sylvia Park for its New Zealand debut.

    The Overseas Investment Office has just released the decision granting consent, with an opening date of December 2024.

    First Retail Group managing director Chris Wilkinson says this a huge deal.

    He says New Zealand has been waiting for Ikea for a long time.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     21 Feb: A economist says New Zealanders appear to have gotten a spending hangover
     21 Feb: Work by dozens of artists is being showcased on Auckland's waterfront today
     21 Feb: Central Otago is today moving to a prohibited fire season
     20 Feb: Hopes are lifting among Auckland businesses for the economic recovery
     20 Feb: Fonterra is raising its forecast payout to farmers, following the latest rise in global dairy prices
     20 Feb: Fonterra's announced an extra dividend for farmers - as it pushes ahead with the sale of its consumer arm
     20 Feb: An urban planning specialist is advising the government to be careful changing a development plan he believes was already working
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     Today's News

    Entertainment:
    Rumer Willis has claimed she works four jobs to provide for her little girl 11:47

    General:
    Winter Olympics 2026: Lindsey Vonn goes 'bionic' as the curling war of words continues — day 14 quick hits 11:26

    Entertainment:
    Shia LaBeouf has been accused of assaulting two men in a bar fight 11:17

    Law and Order:
    Four teenagers have been charged by New South Wales Police over the drive-by shooting of former NRL player Matt Utai in Sydney 11:06

    Entertainment:
    James Van Der Beek is unlikely to have had a "piece of the profit" from Dawson's Creek 10:47

    Law and Order:
    Auckland Council says current dog control laws are reactive - not preventative 10:46

    Business:
    A economist says New Zealanders appear to have gotten a spending hangover 10:26

    Entertainment:
    Gina Carano is set to face Ronda Rousey in a mixed martial arts fight 10:17

    Golf:
    To the Riviera Country Club in Los Angeles and golf's PGA Tour 10:16

    Business:
    Work by dozens of artists is being showcased on Auckland's waterfront today 10:16


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