Rare sale of seven hectares in Burgundy

on 28/12/10 at 11:25 am

Wine

Seven hectares of vineyards have been sold in Meursault in Burgundy, including an outstanding premier cru, in a €12.3m deal.

The sale consists the vineyards and their associated buildings of Domaine Rene Manuel by Burgundian firm Cottin Freres, which bottles and sells mostly under the well-known label of Laboure-Roi.

The domaine includes the Clos des Boucheres (about 1.5ha), which forms part of the premier cru Boucheres, and around 1.3 hectares of the outstanding premier cru Poruzots.

In addition the domaine includes an excellent Village site, the 2.4ha Clos de la Baronne. The entire value of the sale is €12.3m, a press release says, adding that the land was last valued in September 2009 at €6.7m.

The new owners are a group of investors headed by New York sommelier Robert Bohr.

{Full story via Decanter}

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