Challenger Wine Trust to Sell $20 Million in Wineries

THE CHALLENGER Wine Trust is understood to be selling about $20 million of dozens of vineyards around the country.

The trust’s manager Nick Gill told The Australian “We are in the process of reducing our gearing, as all property trusts are.”

“They are of varying sizes, all dotted across different parts of Australia, some in premium areas and some in less premium areas”.

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