Sales of California vineyards to reach peak

A string of sales of premium vineyard properties across California this year is set to make 2012 the most successful since the previous peak of 2007.

Sales of Californian wineries and vineyards are due to reach US$800 million by the end of the year, according to San Francisco-based consultants Demeter Group, reports Bloomberg.

Buoyant interest in California has seen premium purchases this year such as PlumpJack Winery buying 50 acres in the Stag’s Leap district of the Napa Valley.

Speaking to Bloomberg, Stephen Rannekleiv, U.S. wine analyst for Rabobank, said: “There’s lots of interest in good California properties right now. If you’ve got vineyard acreage, it’s a hot commodity.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Fine Wine Sales Administrator

Davy's Wine Merchants
London, UK

Content Manager (Maverick Drinks)

ATOM Supplies
London, UK

Graphic Designer (NPD)

ATOM Supplies
Tunbridge Wells, UK

Press Officer

Speciality Drinks
London, UK

UK Private Clients Manager

Ditton Wine Traders
London, UK

London Business Development Manager

Maisons Marques et Domaines UK Ltd

Head of Buying - Spirits

Enotria&Coe
West London, UK

Liquid Production Supervisor

ATOM Supplies
Tonbridge, Kent, UK

Sales Account Manager – Cotswolds

Haynes Hanson & Clark
Gloucestershire, UK

Communications & PR Manager

Bruichladdich
Islay, UK

International Bulk Wine and Spirits Show

London,United Kingdom
26th Feb 2018

Spirited London

London,United Kingdom
15th Mar 2018

Prowein 2018

Dusseldorf,Germany
18th Mar 2018
Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more