By billn on November 19, 2012
I’d seen the construction work since at least July 2012 – it could have been June – but what exactly was going on with those earth-movers up the Chemin des Argillières above the Clos l’Arlot in Nuits St.Georges? This week I managed to quiz a few locals and an interesting, indeed amazing story was relayed – though let’s be clear, it’s just their ‘story’: This is a vineyard that has been ‘constructed’ – it simply wasn’t there last year – but this is construction on an industrial scale. Apparently some old building(s?) at the foot of the ancient (1500-1700s or probably older(?)) stone quarry had been bought by a resident of Dijon – who came originally from Premeaux. With hundreds of tonnes of materials he [....]
Posted in Vines for Sale |
By billn on August 24, 2012
It’s not “Gevrey-Chambertchang”, but… Les châteaux de Meursault et de Marsannay seraient vendus pour vingt millions d’euros à Olivier Halley, sans les vignes (et la Safer?). — Bernard Burtschy (@Burtschy) August 24, 2012
Posted in Other Sites, Vines for Sale |
By billn on August 22, 2012
I was travelling the last days so couldn’t post the news, hence, Keith beat me to it. But the news is that the small domaine which includes Gevrey-Chambertin’s most iconic building is now sold. Whilst that (surely) must auger for some eventual improvement in the quality of the wines, there is local angst that the efforts that they made to buy the buildings and vines for the village of Gevrey-Chambertin were thwarted at the last-minute. Locals had amassed a $5 million offer, but lost out to $8 million from a group of Chinese investors (reportedly) from Macau. I’m sure it smarts. The headlines will shout ‘Chinese buyers’ and there will doubtlessly be some ill-thought quasi-xenophobic editorials, yet I expect the biggest shame will come from [....]
Posted in The Market, Vines for Sale |
By billn on July 18, 2012
Part of the de Montille disposals to fund the purchase of the Château de Puligny; unofficially, we’ve known about the new owner for the last couple of weeks, but as the words finally trip from his own mouth, I think I’m safe enough to broadcast it Based on the numbers in the SAFER website, we can assume that with all taxes and fees paid, the final bill was about €3 million, for the only premier cru on the ‘wrong side’ of the RN74… Just bought the 2,2 hectares of the Monopoly Nuits Saint Georges 1er cru “Clos des Grandes Vignes”. A new Monopoly for the Estate (the 3rd…after Clos du Chateau and La Romanée) and a new challenge for myself…try to make some “drinkable” white [....]
Posted in The Market, Vines for Sale |
By billn on March 30, 2012
€280,000 sounds a snip for a 0.76 ha slice of villages Pommard – doesn’t it? Such a shame the current owner retains full use AFTER you pay him the 280k (plus fees…!) HERE
Posted in Vines for Sale |
By billn on December 15, 2011
Well do you? That’s a hard question to answer in the current market. I provide for you here a window to a relatively ‘cheap’ entry into the world of premier cru pinot noir (Chambolle-Musigny would cost you 5x the amount), but the financial transaction and subsequent model will make sense to relatively few of you I think. Anyway, our starting point is the current ‘offer‘ via the SAFER website. In effect you would pay €184,000 (plus an 8.5% ‘fee’ for SAFER) plus €3,500 for 0.43ha of Beaune 1er Cru ‘Champs Pimonts’ – nicely situated fifty year-old vines, though don’t ask me how good the plant material is – but even as the owner, you cannot do very much with the land, because with this purchase [....]
Posted in Vines for Sale |
By billn on January 30, 2011
Well to be specific the Clos Frantin, not Domaine du Clos Frantin. I was chatting with a sommelier/importer from New York who was to visit Domaine d’Eugenie, and he mentioned that they were changing the name of the Clos Frantin to Clos Eugenie. I was a bit sceptical because you don’t easily change vineyard names and I also didn’t think that the parent company of Domaine du Clos Frantin (A.Bichot) would want to sell the vines. Anyway I asked a contact at Bichot… It seems that when they bought the buildings to make their new winery, Latour/Eugenie did indeed acquire the Vosne-Romanée Clos Frantin vines too, however, swapping with Bichot the Frantin vines for some of the old Engel domaine vines in Vosne-Romanée Hautes Mazières [....]
Posted in Vines for Sale |
By billn on December 9, 2010
Edit/Note: I discussed this with Alex and apparently this does not reflect his actual position, but he also doesn’t want to comment further until everything is ironed out. Will let you know when it is. Thumbs up for Clive – still first with the news: Philippe Brenot of Santenay has sold his 5 hectare estate to American négociant Alex Gambal. Pride of place in the Brenot holding is 37 ares of Bâtard-Montrachet. The line-up also includes Chassagne-Montrachet premier cru En Remilly, Santenay premier cru Les Passetemps, and village Puligny, Chassagne and Santenay. The white wines have a high reputation here, though Brenot used to sell over half his production off in bulk. In addition to his life as a vigneron Brenot is also a professor [....]
Posted in Vines for Sale |
By billn on July 19, 2010
€175,000 sounds quite a lot for only 0.272 hectares – even if they are close to 50 year-old Gevrey 1er cru vines… Of-course you may be more interested in the Marsannay – then you’d be able to make rosé!
Posted in Vines for Sale |
By billn on July 17, 2009
There you go a ‘snäpchen’ – nicely sited ‘name’ vines overlooking the village of Pommard. Okay, not entirely cheap at €186,000, but you get almost 0.3 hectares – who would complain? I do, however, note that said vines are available only after the 2015 harvest, I didn’t know that you could also buy vines en-primeur…!
Posted in Vines for Sale |
By billn on June 25, 2009
For sure it’s cheaper than the previous Puligny, but is it me – or does €75,000 sound rather a lot for 0.4 of an acre? Anyway: 3,94 ouvrées plantées en cépage Pinot Noir Age de la vigne : environ 40 ans Situation : Belle exposition sud-est Vigne présentant un bel état général Good luck with your bids!
Posted in Vines for Sale |
By billn on June 5, 2009
Thought this might cheer you up: €255,000 for approximately 380 bottles per year worth of villages Puligny. If you can get €700 per bottle, you’ll pay for it in only 1 year! Oh, but don’t forget, you will also need somewhere to make wine…
Posted in Vines for Sale |
