Asian buyers push up vineyard prices
By: Gabriel Stone
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...
External Link: CLICK HERE FOR FULL ARTICLE.