The service brings together Christie’s fine wine experts and the network’s luxury property specialists to offer a discrete consultative service for clients looking to acquire vineyards in the world’s most sought-after wine regions.
The program was conceived to meet demand from clients at Christie’s wine auctions in Hong Kong requesting expert advice in purchasing overseas vineyard properties.
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Domestic thirst for fine foreign wine has grown exponentially in recent years, with the auction house reporting an outstanding total of HK$286.5 million ($36.9 million) from nine wine sales in Hong Kong last year.
Similarly, demand from affluent Chinese investors for foreign wine has extended to a growing interest in foreign wine-producing estates.
David Elswood, Christie’s International director of Wine in Europe and Asia, said: "This project brings together the knowledge and networks of the world’s leading auction house for wine and Christie’s International Real Estate, the only global luxury real estate network wholly owned by a fine art auction house."
"We are uniquely positioned to offer this highly specialized vineyard advisory acquisition service and we look forward to this exciting venture," he added.
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