NZ wine: Anyone for Monopoly?
By David Robertson | 6 October 2000
The New Zealand wine industry is turning into a Monopoly board as overseas investors swoop on attractive properties. Leading wineries say they are receiving three or four offers a month from investment and real estate brokers but many warn that the new, fair-weather wine growers could find their investments hard to swallow. The Kiwi dollar's Titanic plunge against other currencies means that buying into New Zealand's young wine market is very cheap for overseas investors.
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
The New Zealand wine industry is turning into a Monopoly board as overseas investors swoop on attractive properties. Leading wineries say they are receiving three or four offers a month from investment and real estate brokers but many warn that the new, fair-weather wine growers could find their investments hard to swallow. The Kiwi dollar's Titanic plunge against other currencies means that buying into New Zealand's young wine market is very cheap for overseas investors.
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
