Chinese Investors Buy Into Napa Valley

Chinese investors have made international headlines over the past year buying chateaux in France along with vineyards and wineries in Australia and New Zealand. Now a Chinese investment group has purchased Napa Valley’s Frazier Winery along with vineyards, land and an adjacent estate home.

The sale was purchased out of three interrelated Chapter 11 bankruptcy proceedings and was brokered by Napa Valley brokers Robyn Bentley of Pacific Union and Peggy Burgess of Sotheby’s International. Ming Hua of Dawa Investment & Realty of Pasadena represented the buyer

Wine Executive News subscribers please click here to read the complete article.

Not a Wine Executive News subscriber yet?
Subscribe to Wine Executive News now, and get the rest of this original article along with everything else on the site every day, including original documents and source materials for just $13.99 per month or $159 per year. Click here for more details.