Sale-Leaseback Transaction Allows Owners to Fully Access Capital While Maintaining Operating Control
Through a sale-leaseback transaction, branded wineries, bulk wine producers and independent grape growers sell their vineyards and other real estate assets to Vintage Wine Trust and then either the seller leases them back, or Vintage Wine Trust leases the assests to a third-party. This unique arrangement allows wine industry companies to tap into 100% of the equity in their real estate while maintaining long-term control of their property.

Flexibility in Structuring Transactions to Accomplish Seller’s Objectives
The Company’s sale-leaseback transactions can be structured as two separate transactions—a purchase/sale, or a lease with a different lessee from the seller.

Wine industry companies can use the capital received from transactions for acquisitions, operations expansion, and to fund new lines of business.

Private companies also achieve the flexibility to pursue personal goals such as estate planning, liquidity, or diversification.

UPREIT Structure Provides Tax Deferral
Vintage Wine Trust is organized as an "UPREIT", which allows the Company to purchase properties with operating partnership units (OP Units), which are exchangeable for common stock. The seller has the choice in structuring a transaction with Vintage Wine Trust to elect to take the sale price all in cash, or a combination of cash and OP Units. This allows owners to defer a portion or all of their tax liability that otherwise would have been incurred if the properties were sold for cash. OP Units provide the seller with considerable flexibility for estate or family planning and the same dividend as common shareholders.