IGT sees rise in occupants

The International Gem Tower is seeing an ongoing interest by companies seeking to occupy space at this prestigious address. Its retail high-end jewelry mall already has an over 80 percent occupancy rate, reports say. Some companies expected to set up office at the IGT include Gemfields seeking to move its U.S. center of operations to IGT. Also, jewellery company Krainz Creations has booked office space at the IGT.

Gulaylar Group, the Turkish jewelry group that owns the mall space at IGT, reported that it has secured tenants for more than 80 percent of space in the high-end jewelry mall at the International Gem Tower. Set to open in the first quarter of 2014, the shopping premises at IGT will comprise 50 shops as well as a café and Foreign Trade Zone offices.

Also, Gemological Institute of America (GIA) has booked office space and plans to move its New York gemological laboratory to the Tower in early 2014.

The IGT team is also visiting the Israel Diamond Exchange conducting meetings for prospective owners.