“Swedish furniture giant Ikea announced plans on Wednesday to build a brand-new district with shops, flats and office space for thousands of people in the northern German city of Hamburg.   The Hamburger Abendblatt said the project would run along similar lines to a planned development in eastern London for which Ikea is preparing to build around 1,200 flats, offices, hotels and shops.  The firm, which specialises in inexpensive furnishings that consumers assemble themselves, last week announced a one-billion-euro ($1.25 billion) move into the hotel sector, opening at least 100 hotels in Europe.”

http://www.rawstory.com/rs/2012/08/22/ikea-to-build-entire-district-in-german-city/

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