Bordeaux Château Prieuré Sainte-Anne sold to Belgian investors
A deal for Château Prieuré Sainte-Anne in Pauillac has countered a trend for Bordeaux estates being sold to buyers outside of the EU.
Château Prieuré Sainte-Anne, an AOC Côtes de Bordeaux producer near to Capian, has been bought by Belgian private investors Mr and Mrs Herwig and Annelies Callewier-Corne.
The trio have acquired the 8.15ha hillside estate overlooking the right bank of the Garonne river with 4.45ha of vines, plus the historic château residence complete with tennis courts and swimming pool. A fee was not disclosed.
Most of the estate’s wines are exported to Germany and Austria and the property is ‘commercially viable’, said estate agency Vineyards-Bordeaux, affiliated to Christie’s International Real Estate.
The deal counters a trend for Bordeaux châteaux to attract buyers from outside the EU; in April this year Château Vieux Paquillon was sold to a mystery Australian buyer and Château de Lagorce joined the ranks of estates to be bought by Chinese investors.
The sellers are French winemakers, Hervé and Suzanne Flipo, who bought the estate 20 years ago. It was they who replanted the vineyards and built a new winery in 2005.
‘We have poured our heart into Le Prieuré Sainte-Anne over 20 years and we are delighted to have been a part of its long history,’ they said.
‘It is the end of a rich chapter for us and we are looking forward to supporting the new owner for the next year while they transition.’
Buoyant Bordeaux market
‘The Bordeaux vineyard market remains buoyant with enquiries up on last year and increasing interest from France and European investors,’ said Vineyards-Bordeaux CEO, Karin Maxwell.
‘We are averaging about one vineyard transaction per month in 2018 so far.’
Figures from September 2017 put the number of Chinese-owned Bordeaux estates at around 160, although Bordeaux correspondent Jane Anson also warned against over-hyping these sales, pointing out that many can end up back on the market.