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Bordeaux’s Château Fauchey sold to Hong Kong investor
Jul 25, 2017
(Decanter) - A Hong Kong-based tourism company and owner of members-only clubs in China has bought Château Fauchey in Bordeaux's Cadillac region.
A Hong Kong-based investor has become the new owner of an organic wine château in Bordeaux, according to Christie’s-owned real estate agent Maxwell Baynes.
Profitsun Holdings (Hong Kong), which specialises in real estate and tourism, purchased Château Fauchey in AOC Cadillac Côtes de Bordeaux last week.
A fee was not disclosed.
Profitsun is set to use wines from the château for its private clubs in Beijing, Shenzhen and Hong Kong, said the group’s chairman Mr Xu.
The new purchase is more evidence of Chinese investor interest in the so-called lesser appellations of Bordeaux, with wine supply a key motive.
Château Fauchey is a 27-hectare organic producer situated in Villenave de Rions.
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