If you remember, a few days ago IKEA had announced plans to open and run hotels.
Now the Swedish furniture giant plans to build a brand-new district with shops, flats and office space for thousands of people in the northern German city of Hamburg.
“We want to build a new city district for the benefit of Hamburg,” Harald Mueller, head of the firm’s property subsidiary Landprop, told the Hamburger Abendblatt.
Mueller said they were searching in Hamburg, a major port city, for a plot of land of at least five acres (two hectares) to build on, in conjunction with the city authorities.
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.
Construction of the hotels will be funded from revenues from the Ikea brand, which the company recently valued at 9 billion euros, but will not bear the company logo and be operated by a hotel management company.
In central Amsterdam you will come across the famous Madame Tussauds Amsterdam Museum which houses wax filled statues of Dutch and foreign stars. Conveniently located on Dam Square, Madame Tussauds is at 10 minutes walking distance from Central Station. Parking places are easily available nearby. If you wish to travel by tram you can use Tram No 1, 2, 5, 13, 17 and 20 that will drop you at Magna P...
The Adler Company was formed in 1880 and specialized in high tech machines. Over the years the site was used to build fighter jets and was constructed and reconstructed to suit modern times. After the Second World War, the building was given up and later renovated to house artist studios, theaters, and offices. Presently located within the Adler building is Gallus Theater, advertising agencies of ...
One of the most intriguing places in Singapore to amble around, Chinatown is considered to be the cultural and social nucleus of the country with the wide range of temples, merchant shops and activity. Even though the place has been experiencing some reconstruction work for a long time, it nevertheless is a place which deserves a visit for people coming to Singapore for the first time. Addre...
These mosaics came from a Byzantine church of the 5th century AD. They were moved from Khalde, south of Beirut to a site neat the National Museum in the 1950’s. ...