Trend of Bordeaux Châteaux moving into foreign hands continues

The sale of St Emilion premier grand cru classé Bellefont Belcier has been completed to a Chinese industrialist with his fortune made in iron. Prices per hectare are said to be between 1 and 1.5 million euro (13 out of 20 hectares in production). Bordeaux is used to foreign ownership with Japanese, Belgian, Americans and English … Continue reading Trend of Bordeaux Châteaux moving into foreign hands continues