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Wines of Bordeaux: a record price for the acquisition of a castle Judgments

Castle Les Carmes Haut-Brion (Pessac-Leognan) has been bought by property developer Patrick Jug for a record $ 18 million.

The transaction includes the castle, park of 3 hectares and 4.7 hectares of vines.

This is a record price for a great terroir of Bordeaux since, minus the castle and its park, the price per hectare of vines surpasses 2.5 million euros, 2-3 times the average price per hectare found in prestigious appellations like Pomerol, Margaux, St. Julien, Pauillac and St. Estephe.

addition to this exceptional price, the Chateau Les Carmes Haut-Brion has a second characteristic: it is the only winery to spread over the communes of Bordeaux, Merignac and Pessac.

With this operation, the group Pitcher (800 employees, turnover 300 million euros) is diversifying into a transaction and prestige.

See also articles:

• "Wine: the symbol of the myths of Pauillac (Latour, Lafite Rothschild, Mouton Rothschild)"
• "Bordeaux futures: the final price of the 2009 vintage (Latour, Petrus ...) "
• " Wine: Robert Parker and the myths of the Rhone "

the Press of Adafec (http://adafec.blogspot.com )