Maxwell-Baynes, Affiliate of Christie's International Real Estate Sells Historic Bordeaux Wine Estate To Chinese Investor
Published Monday, August 14, 2017 Updated on Monday, August 14, 2017

Maxwell-Baynes, Affiliate of Christie's International Real Estate Sells Historic Bordeaux Wine Estate To Chinese Investor

Bordeaux, France – Christie’s International Real Estate’s exclusive affiliate in Bordeaux, Maxwell Baynes, has announced the sale of Château Fauchey, an historic wine estate to Hong Kong-based investor Profitsun Holdings.

Chinese investment in the Bordeaux wine region has been on an upward trajectory over the last seven years, with a number of high profile sales closed by Maxwell-Baynes. Four Bordeaux vineyards were sold by Maxwell-Baynes last year to Chinese investors as they seek to invest funds internationally in a bid to diversify their holdings outside of their home country. Profitsun Holdings’ strategy is to distribute the wines to members of its clubs located mainly in Beijing, Shenzhen and Hong Kong.

The owners of Château Fauchey, which dates back to the 15th century, purchased the vineyard in 2010 and invested considerably in the estate; uprooting and replanting the vines, improving the infrastructure and restoring it. They immediately established organic farming in 2010 and were awarded certification in 2013. They created a “chambres d’hotes” activity in 2014 with beautiful rooms, all with superb views on the surrounding vineyards. The property spans over 25 hectares of which 6.5 hectares are AOC Cadillac Code de Bordeaux vines.

Michael Baynes, Co-Founder of Maxwell-Baynes said: “The sale of Château Fauchey demonstrates how sought-after vineyards in Bordeaux are to Chinese investors. Many are buying to secure and control the supply side of wine distribution in their domestic market. Overall, China like America, is increasingly becoming a large market for us with enquiries increasing year-on-year. Last month, we had a presence at Vinexpo, one of the biggest showcases of wine in France and we had over 20 enquiries from Chinese investors in just three days.” 

Lawyers François Gery and Yasong Lin (Bochamp Paris), as well as notaire Pierre-Jean Larbodie advised Profitsun Holdings, while notaire Martine Verdon advised the sellers, the Emmanuelli family, with the support of Safer.

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About Christie’s International Real Estate
Christie’s International Real Estate is an invitation-only affiliate network composed of the world’s most proven and qualified real estate specialists in the luxury residential sector. The company has offices in London, New York, Hong Kong, Moscow, Los Angeles, and Palm Beach, and approximately 135 global affiliates with 32,000 real estate professionals in 45 countries. For additional information, please visit: www.christiesrealestate.com

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