Ingka Group, which runs most IKEA stores globally, has sold its last asset in Russia, a warehouse near Moscow, it said on Friday, completing its exit from the country. Ingka sold its 14 MEGA-branded shopping malls in Russia to Gazprombank Group in September 2023,

IKEA's owner, the Swedish company Ingka Group, has sold its last asset in Russia – a warehouse in the town of Yesipovo not far from Moscow, in Vladimir Oblast. Source: The Moscow Times, citing RBC with reference to two sources in the commercial real estate market and representatives of the buyer,

The owner of Swedish furniture retailer IKEA has sold its last remaining property in Russia to a little-known businessman amid an ongoing wartime redistribution of assets, the RBC news websitereported Friday,

Ingka Group, which runs most IKEA stores globally, has sold its final asset in Russia, a warehouse near Moscow, to Russian businessman Robert Uzilov, the RBC business daily reported on Friday, citing three unnamed sources.