Monday, June 2, 2008

Vintage Wine Trust is Liquidating

Back in August, I noticed Vintage Wine Trust as a REIT focused on the wine grape industry. According to a story by Chris Rauber of the San Francisco Business Times, Vintage Wine Trust Selling Off Its Holdings and Shutting Down.

[T]he REIT's "big problem was we didn't buy enough properties," noting it was trickier than expected to find profitable properties that fit the company's REIT framework. "I still think the concept could work. We just needed more time."


No comments: