Customers and Investors On Track
The Singapore Grand Prix is a Formula One Championship event takes place on the Marina Bay Street circuit through downtown Singapore City. Over 6 miles (10 kilometers) of debris fencing and 2,600 concrete barriers go up to transform everyday streets into a three-mile (five-kilometer) loop that will see top speeds of over 186 miles per hour (300 km/h).
As one of several customer and investor events launched this year, Prologis Singapore hosted a hospitality suite for guests to view the final race on Sunday, 22 September. Among the customers and investors attending were representatives from global customers DHL, CEVA, and Hitachi Data Systems.
“Our Asia platform comprises 36 million square feet and enjoys a very high occupancy rate of over 96 percent overall—100 percent in Singapore,” said Alan Ling, vice president of asset management. “Still, we do not take customer loyalty for granted, and the grand prix racing event gave us the opportunity to express appreciation for customers’ continued support of our business.”
“Since Singapore is also home to many investment management companies in the Asia Pacific region, we have our Strategic Capital Asia client relations team based here,” said Nathan Paine, who heads this team as well as Prologis Singapore operations. “This race provided a unique platform for our customers and our investors to network—something that doesn’t often occur.”
After the event, several customers commented on how pleased they were to meet Prologis investors. Chua Kian Huat of DHL Global Mail expressed, “Thanks for the invitation; we had fun and were glad to connect with our investor, UBS, who used to be our mailroom customer.”