Inter Ikea Starts U.K. Homebuilding Expansion in East London

Inter Ikea Starts U.K. Homebuilding Expansion in East London

Picture Alliance/Frank May/Newscom

Inter Ikea board approved the expansion in the U.K. two years ago, attracted by prospects of falling land prices and forced sales. One of the first purchases was a 5.5-hectare plot for its development near the London’s Olympic Park.