Vintage Wine Trust is the only REIT in the U.S. to focus solely on the wine grape industry. VWT invests in vineyards and other wine industry assets including crushing, processing and storage facilities, and simultaneously enters into specialty-finance leases with branded wineries, bulk wine producers and independent grape growers as operating-lessees in the U.S. and Canada.
VWT completed its private offering of common stock for $159.4 million in March 2005, and is securing debt financing of up to $250 million, providing total initial capital of approximately $400 million. As of June 2007, VWT has acquired $143 million of vineyards and wineries which have been leased back to the sellers or to third-party lessees.
VWT's strategy is to be the leading provider of specialty-finance real estate capital to the wine industry, both private family businesses and multi-national public companies.