Peter Kwok secures third chateau in Saint-Emilion

Vendredi 12 janvier 2018 par Vitisphere

Peter Kwok secures third chateau in Saint-Emilion
- crédit photo : DR

Businessman Peter Kwok completed the acquisition of Château Bellefont-Belcier via the firm Vignobles K at the end of December, adding a third Saint-Emilion name to his portfolio, along with Château Tour Saint Christophe and Château Haut-Buisson, bought in 1997; the two previous transactions were some of the first deals to be sealed by Chinese investors in Bordeaux. Kwok also invested in the same appellation in 2015 when he bought Château Tourans whose vineyards are now used to supply Château Tour Saint Christophe and Château Haut-Buisson.

 

Bellefont-Belcier covers 13.5 hectares in the western part of the appellation. Its architectural and landscape attributes were what clinched the deal for the investor. “Its rolling hills, its large chateau and its majestic trees make it a unique setting in Saint-Emilion. Its turn-of-the-century winery in the style of Gustave Eiffel adds extra meaning to the history of winemaking here”, explained Kwok in a press release. The investor was also won over by the estate’s south-facing hillside vineyards.

 

Seven properties and counting

The businessman now has a foothold in Pomerol with Château La Patache and Enclos Tourmaline; in Lalande Pomerol with Château de Viaud; and in Castillon Côtes de Bordeaux with Château Le Rey. Like the six other properties, Château Bellefont-Belcier will be managed by Vignobles K and its managing director Christophe Meyrou. “The aim is to take Bellefont-Belcier to new levels of quality. The wines will be distributed by Bordeaux merchants on the free market”, added the press release. 

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