The Beston Wine Industry Trust to day announced that it had made two winery acquisitions for A$3.45m, and that it had leased the properties to the Australian wine group Evans & Tate. Beston has acquired Oakridge Estate in Yarra Valley, Victoria for A$2.25m, and the Woods' Vineyard in Riverina, NSW for A$1.20m. The Oakridge Estate acquisition marks the Trust's first investment into the Yarra Valley region in Victoria, while the Woods' Vineyard investment also further diversifies the Trust's geographical spread.