Blue and yellow IKEA continues to grow in the US - buys a large property in central New York as part of its expansion

IKEA is continuing its American expansion by purchasing a property in New York's Soho district for the equivalent of 2.3 billion Swedish kronor ($213 million), according to [Reuters](https://www.reuters.com/business/ikea-buys-213-million-manhattan-building-new-store-us-push-2025-10-01/).