LE FREEPORT LUXEMBOURG CELEBRATES ITS GRAND OPENING
The Cluster for Logistics welcomes one of the new key elements for the sector with LE FREEPORT Luxembourg. Following the grand opening in the presence of H.R.H. the Grand-Duke on September 17th, the vaults are open for business since September 18th. The spectacular, 4 storiedfacility of 22,000 sqm sets new standards in preservation, storage and management of art works and valuable goods. LE FREEPORT is expected to create about 80 direct jobs and a multiple thereof indirect jobs in logistics, art advisory and various services and support industries.
LE FREEPORT Luxembourg combines 4 features which makes it unique in Europe:
- An ideal location: in Luxembourg, a politically stable, triple AAA rated country, adjacent to one of the busiest air cargo terminals in Europe offering air lift to all major cultural cities in the world and direct access to the Western European highway network.
- A purpose built facility: highly secure, specifically designed to offer the best available conditions to preserve, store and display artworks and other valuables.
- A stunning building featuring a spectacular lobby and state of the art showrooms.
- A one stop shop for end customers who can source on site a variety of services with respect of their valuables stored in the Freeport.
LE FREEPORT Luxembourg represents an investment of over 50 million Euros, signalling a high degree of confidence of lead investor Yves Bouvier and co-shareholder Olivier Thomas in Luxembourg and its infrastructures, states the official press release.
For its makers, the building itself is a piece of art and it contains one mural sculpture (which you can see on the pictures above). Members of the public are invited to view the artwork created in situ by Alexander Farto aka VHILS during “Privat Art Kirchberg” on Sunday, September 28, 2014.
Get access to the vaults here
You can find the complete press releases below: