[1][2] The company is fully owned by the Stichting INGKA Foundation.
Inter IKEA Systems is owned by Inter IKEA Holding, registered in Luxembourg, which is controlled, in turn, by Interogo Foundation, a Liechtenstein foundation that is also supported by the Kamprad family and is valued at approximately US$15 billion.
Beginning in 2020, the division has acquired existing complexes which will be renovated to include urban IKEA locations, including Kings Mall in London, 6x6 in San Francisco, and the retail podium of the Aura condominium towers in Toronto.
[4][5][6] Ingka Centres announced in December 2021 that it would open two malls, anchored by IKEA stores, in Gurugram and Noida in India at a cost of around ₹9,000 crore (US$1.0 billion).
[7] Following the invasion of Ukraine, Ingka halted Retail operations in Russia and in September of 2023 sold all Russian "Mega" Centres to Gazprombank Group.