Asian buyers push up vineyard prices

Source: www.TheDrinksBusiness.com
By: Gabriel Stone

01.05.2015

According to Knight Frank’s Global Vineyard Index 2014, wealthy Asians are broadening their search for wine estates, driving major price hikes.  The price of a “lifestyle” vineyard – that is, between 2-15 hectares in size – rose by an average of 4.5% in the year to June 2014.

US buyers led the way in Chile and Argentina...

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