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Wineries sell at below value


Chris Hutching
Tue, 05 Apr 2011

A 16.8ha Hawke’s Bay grape growing block on State Highway 50 recently sold at approximately 20% below the 2007 value.

The discount is typical of the deals being struck in an oversupplied industry, according to valuers at Telfer Young.

The company also notes the sale of Paritua vineyard

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Chris Hutching
Tue, 05 Apr 2011
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Wineries sell at below value
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