London Diamond Bourse secures 10 year Hatton Garden renewal

The London Diamond Bourse (LDB) has announced the successful renewal of its lease for its Hatton Garden location for the next 10 years.

The decision ensures the stability and continuity of operations for its members but also aligns seamlessly with the organisation’s future visions.

The Hatton Garden area has been the heart of London’s jewellery district for centuries and the LDB first began trading here in 1940.

The decision to remain rooted in this location reinforces the organisation’s dedication to “preserving its historical legacy while embracing modern advancements in the diamond and jewellery industry”.

The LDB acts as a hub for all jewellery professionals and plays a pivotal role in facilitating trade and collaboration within the industry.

David Troostwyk, co-president at the London Diamond Bourse, said: “We are thrilled to secure a new 10-year lease in Hatton Garden, a location synonymous with the London Diamond Bourse’s history. 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.”

Alan Cohen, co-president, London Diamond Bourse, added: “I would like to echo David’s sentiment and 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 twenty-plus years across three major lease negotiations.”