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Dublin Live
Dublin Live
National
Roisin Butler

IKEA franchise launches €100 million social housing plan in Dublin

The investment group behind IKEA has announced plans to build 250 units of social housing across Dublin.

Ingka Investments has confirmed plans to gradually provide the units over the next three years, with an initial focus on the Dublin area. While Ingka Group represents IKEA, the retailer itself will have no involvement in the project.

The parent company also intends to build community centres and playgrounds in the areas surrounding the planned social housing. The investment approach is to rent the builds out to local authorities and eventually transfer them over once the lease period ends.

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