colinrealestate

We all heard of the RSA virus that swept the Kiwifruit industry late last year.

Most of us could only guess at the effect this had on orchard values and salability… it was severe and came at a time when the industry was just starting to see a return to fair value sales of property after some pretty quiet times.

Again, as is so often the case in such situations, prices have settled back to a revised value and vendors & buyers are again talking. We anticipate that quiet lift in activity to continue.

2010 was a tough year for vineyards with the result that pricing of grape-bearing land plummeted, supply contracts were reviewed and varietal choices weighed against anticipated consumer choices. Change!

What has also happened in the past couple of months is a realization by potential buyers,that now is a good time to enter or expand their presence in the market, with the result that we’ve noted a lift in sales, albeit moderate.

Filed under: REAL ESTATE | Tagged: Real Estate