London Diamond Bourse | Lease renewal 2024 press release
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Lease renewal 2024 press release

Lease renewal 2024 press release

FOR RELEASE – WEDNESDAY 1ST MAY 2024

London Diamond Bourse Secures a Promising Future with a 10-Year Lease Renewal in Historic Hatton Garden

London, 1st May 2024 – The London Diamond Bourse (LDB) proudly announces the successful renewal of its lease, solidifying its commitment to the historic Hatton Garden location for the next decade. This significant milestone not only ensures the stability and continuity of operations for its members but also aligns seamlessly with the organisation’s future visions.

The Hatton Garden area, renowned for its rich history in the diamond trade, has been the heart of London’s jewellery district for centuries, the LDB first began trading here in 1940. The decision to remain rooted in this iconic location reinforces the organisations dedication to preserving its historical legacy while embracing modern advancements in the diamond and jewellery industry.

The 10-year lease renewal will undoubtedly benefit LDB’s members, fostering an environment of stability and growth. As a hub for all jewellery professionals, the London Diamond Bourse plays a pivotal role in facilitating trade and collaboration within the industry.

“We are thrilled to secure a new 10-year lease in Hatton Garden, a location synonymous with the London Diamond Bourse’s history,” said David Troostwyk, Co-President at the London Diamond Bourse. “This renewal is a testament to our commitment to providing a supportive and thriving environment for our members. It not only ensures the continued success of our current operations but also opens doors to exciting opportunities for the future.”

“I would like to echo David’s sentiment and to add a very big thank you to our Treasurer, David Joffe. David has been involved in all the negotiations and done an enormous amount of work, making sure that we have had a ‘home’ over the last 20 plus years, across 3 major lease negotiations.” Alan Cohen, Co-President, London Diamond Bourse.

About London Diamond Bourse:

The London Diamond Bourse is a prestigious and long-standing institution in the heart of London’s diamond district, Hatton Garden. Established in 1940, it serves as a trusted platform for trading diamonds, precious gemstones and jewellery.  A network of professionals aims to foster integrity, professionalism, and excellence within the industry. The LDB is committed to supporting the growth and development of individuals entering the diamond and jewellery trade, and our education programme is a testament to this dedication.

For media inquiries, please contact:

Stacey Aylott, Chief Operating Officer

London Diamond Bourse. stacey@londondiamondbourse.com

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