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Singapore new-build for Kuehne + Nagel

PRESS RELEASE

October 01, 2014: Kuehne + Nagel has launched the construction of a build-to-suit (BTS) logistics centre in the west of Singapore. In the presence of Karl Gernandt, Chairman of Kuehne + Nagel International AG, a ground-breaking ceremony was held to mark this latest addition to the logistics provider's global network.

The new state-of-the-art facility will be ideally located within close proximity to major manufacturers and ports. It will have 55 loading bays and five floors dedicated to storage, with a total warehouse floor area of over 46,000 sqm. Of this, 20,000 sqm will be used as a cold storage zone to manage temperature-sensitive goods for pharmaceutical and healthcare customers. The remaining space will cater predominately for aerospace, spare parts and hi-tech products, and a further 4,000 sqm will be allocated to offices.

The facility will be equipped with advanced technology, automation and robotisation solutions to help improve workflow processes, reduce time required to pick, pack and ship items and enable orders to be fulfilled faster.

Karl Gernandt said, "Singapore is an important logistics hub for global trade thanks to its world-class infrastructure and excellent connectivity. Our investment in this modern facility is one of the largest outside Europe and it reflects both the importance of Singapore as a business location and its significance for the Kuehne + Nagel network. It will house over 500 Kuehne + Nagel specialists and is designed to serve Kuehne + Nagel's customers across multiple industry sectors."

Kuehne + Nagel awarded the design-and-build contract to Boustead Projects Pte Ltd ("Boustead Projects"), a leading specialist in industrial real estate solutions.

The multi-user facility is being positioned to achieve Green Mark Platinum and LEED Gold awards under "Leadership in Energy & Environmental Design", an internationally-recognised green building certification system developed by the US Green Building Council. This is in line with

Kuehne + Nagel's approach to offer environmentally sound, sustainable and innovative supply chain solutions, and be a solid partner in energy efficiency and green logistics.
The facility is expected to be completed by the end of 2015.

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