Update on Capital Markets, Values, and Investing
JANUARY 26, 2016 2:30PM - 4:30PM. Update on Capital Markets, Values, and Investing. Tony Correia , The Correia Company, California. California Vineyards and Land Where have we been? And What’s happening today? And Who’s buying? And Where do we go from here?. Tony Correia
Update on Capital Markets, Values, and Investing
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Presentation Transcript
JANUARY 26, 2016 2:30PM - 4:30PM Update on Capital Markets, Values, and Investing Tony Correia, The Correia Company, California
California Vineyards and Land • Where have we been? • And What’s happening today? • And Who’s buying? • And Where do we go from here? Tony Correia The Correia Company tony@correiaco.com 707.933.9915
The Great Grape Shortage of 2012 • Grape Sourcing Wineries returned to the market, aggressively firming up sourcing, buying vineyards and land to plant new vineyards
Wine Speculator’s Top 10 Wines - 2015 • #1 – Peter Michael Au Paradis 2012 • #2 – Quilceda Creek Cabernet Columbia Valley 2012 • #3 – Evening Land Pinot Noir Seven Springs Vineyard 2012 • #4 - Brunello di Montalcino DOCG Il Poggione 2010 • #5 – Mt. Eden Vineyards Chardonnay Santa Cruz Mts 2012 • #6 – Spain Ribera Del Duero • #7 - NZ Pinot Noir • #8 – Italy Amarone • #9 – St Emilion • # 10 - So Africa Sweet
Vineyard Buyers? 1. STRATEGICS 2. LIFESTYLE ESTATES 3. FINANCIALS
District 2, Lake County Source: CALASFMRA Trends, Crush Report
Competition for Land 1. Almonds 2. Walnuts 3. Pistachios BUYERS? - INSTITUTIONAL INVESTORS - OTHER FARMERS
Open Crop Land WATER Source: CALASFMRA Trends
Thank you! And Drink More California Wine!!!