The Panama Diamond Exchange (Panama Diamond Exchange) announced that more than 80% of the office space in the first line of the Panama Gem & Jewelry Center (Panama Gem & Jewelry Center) has been leased so far, the construction of which is nearing completion.
The building of the first stage will also house the main office of the stock exchange, including administrative offices and a 300 square meter trading hall. In addition, the center will provide office space for 59 local, regional, international companies and organizations. Entry of tenants is planned in the fourth quarter of this year.
"Construction is on schedule. We expect full occupancy of the center when the new building will officially open, "said PDE President Erez Akerman. "Demand for the remaining offices remains high, and they diverge very quickly."
The geography of the new tenants of the Panama Jewelry Center is quite extensive: companies from Panama, Israel, India, the USA, Belgium, South Africa, Brazil, Italy, Venezuela and other countries will be represented.
The PDE-led project to create a $ 200 million Panama Gem & Jewelry Center (Panama Gem & Jewelry Center) is the largest and most ambitious initiative ever undertaken in the interests of Latin American jewelry trade. The center will serve as a trading platform for local and international companies in the market, which today is estimated at $ 8 billion and has about 11,500 retail outlets in 20 countries and 23 islands.