You can now invest in part of a luxury wine farm in South Africa – how the model works
Subscribe
Winemakers, the Newton Johnson family, have announced the co-founding of Hemelzicht Vineyards in the Western Cape’s upper Hemel-en-Aarde valley, which it aims to turn into an investment vehicle.
In what the family calls a first for South Africa, the deal will allow the public to own shares in a luxury wine business with a unique unitised investment model.
The Hemelzicht Vineyards investment model allows for ownership starting at R1 million, and the opportunity to craft wines under the guidance of an experienced, professional management and winemaking team, the group said.