Ray Smuts FOREIGN INVESTORS are snapping up Cape wine farms as rapidly as uncorking a bottle, the latest conquest being the acclaimed Delaire Vineyards near Stellenbosch for around R30 million. The unnamed owner is a European who intends to develop the growth potential of all aspects of the Delaire operation in order to intensively market its wines in Europe and the US.
Foreigners snap up Cape wine farms
09 Dec 2003 - by Staff reporter
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