Philippines Report

Coming soon: Ikea at SM Mall of Asia

The guess­ing game is over, Ikea at SM Mall of Asia coming soon.

Swedish fur­ni­ture gi­ant Ikea is open­ing its first Philip­pine store be­side the Mall of Asia, this we have on good au­thor­ity. The Ikea store will have its own stand­alone ware­house­like foot­print on what is now an open carpark be­tween the SMX Con­ven­tion Cen­ter and the Arena.
Ac­cord­ing to the horse’s mouth, Ikea has struck a longterm lease agree­ment with the SM Group, with a sec­ond store to be opened be­side SM Fairview to serve Que­zon City and the north­ern bed­room com­mu­ni­ties. – Vic Agustin, Money-Go-Round

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