OFF INTO THE WILD WET YONDER How does this...
Business
Singapore’s 10-Million-Bottle Wine Vault
- May 10, 2014 8:00 AM
- in Business
- 3444 Views
- 7 Comments
What stretches over 750,000 square feet, is six stories high, houses 10 million bottles of wine with exacting climate control, off-grid power backup and state-of-the-art security, and provides optimum storage conditions? An ambitious US$200 million wine vault set to open in Singapore by Q3 of this year.
The expert storage facility—wholly owned by CWT Logistics—will also supply a separate area for private wine cellars. Drôme, which it is referred to, will be customizable to each individual client’s needs, as well as have Swiss bank-like security measures such as pin numbers, thumbprint recognition, and dual card verification.
The group also plans to fully support the wine community in the region with events from education to networking, and, of course, tastings.
For more information, check out Singapore Business Review and World Property Channel.
Share this:
Has been living and working in Asia for the past 20 years. Currently resides in Kuala Lumpur, but prior to that Tokyo for 12 years and Guam for 3 years. Enjoys the many different cultures, cuisines, and landscapes that the continent has to offer. Experience as a financial services representative, FX sales trader, and hedge fund director of business development has given him an insider's perspective on the markets and the industry. Investor and "serial entrepreneur" who thoroughly enjoys business and finance, and also a bit of an adventure sports fanatic who loves to try new sports, hobbies, and adventures.
Most Discussed