Ikea buys 65 acres of land in Hamilton for $82 million
https://www.thespec.com/business/202...over-road.html
Ikea has made an $82-million land purchase in Hamilton.
Property records show the popular Swedish ready-to-assemble furniture company has purchased 65 acres of land in Glanbrook.
Transferred on July 18, Ikea acquired the multimillion-dollar property at 212 Glover Rd., near Twenty Road East, from Paletta International Corporation.
It’s unclear what the newly purchased land will be used for. The Spectator has reached out to Ikea for comment.
Currently, the nearest Ikea store available to Hamiltonians is on Plains Road East in Burlington.