The Singapore FreePort is the finishing touch to the premium infrastructure that has propelled Singapore into the world's leading financial center.
Riding on its political and regulatory stability at the crossroads of China, india and the Middle East, Singapore now offers the ultimate freeport, a state-of-the-art facility dedicated to the secure storage and trade of the world's finest collections and valuables.
Leading art business Christie’s International is pleased to announce that Christie’s Fine Art Storage Services (CFASS), provider of customized storage solutions for fine art, antiques and collectibles has opened a new ultra-high security facility at The Singapore FreePort. This long-term offering with The Singapore FreePort Pte. Ltd. underscores Christie’s commitment to Singapore and marks the firm’s continued investment in Asia.
The Singapore FreePort, supported by the Singapore Economic Development Board (EDB), is the largest freeport dedicated to the storage of fine art and high value collectibles in the world, and the first in Asia. Its shareholders include the Singapore National Arts Council and the National Heritage Board of Singapore. Through the long-term contract between CFASS and the Singapore FreePort Pte Ltd., the CFASS Singapore facility will comprise roughly 40% of the
FreePort’s Phase 1 floor area available for lease out of approximately 22,500 square meters, gross floor area with an option to add capacity in Phase 2 when it is completed in early 2014.
Located at Changi Airport, CFASS Singapore at The Singapore FreePort allows for the rapid and safe transfer of fine art, collectibles, and other valuables. Offering cutting-edge security technology, strong rooms and storage solutions ranging from single item storage for individual items and small collections to fully-managed exclusive units ranging from 20 to 15,000 square meters, the world-class facility of CFASS Singapore at the Singapore FreePort offers services and infrastructure that are unmatched anywhere in the world.
In addition to fully-customized storage solutions, CFASS Singapore will offer enhanced services designed to accommodate the growing needs of a diverse clientele, including the management of collections and art work as loan collateral, as well as the brokering of insurance for artwork and valuables, be it a single object or an entire storage room holding a substantial collection.