IDE looks to expand facility
The Israel Diamond Exchange is considering expansion in terms of area of its facility, looking strategically ahead to prepare for the next 10-20 years, as per reports. Next year IDE would complete 80 years, reports say.
In its expansion, IDE plans additional buildings and to renew its current complex, for which the IDE management has entered into an agreement with architects to build skyscrapers and enhance the appearance of the current buildings in the coming years, as per reports.
IDE is looking at securing additional building rights for a new office tower or by adding floors to existing buildings in the Ramat Gan diamond complex.