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The Wine Regions in Bordeaux
The wine regions in Bordeaux are a composition of districts and subdivisions, each governed by a different set of rules and regulations dictating the production of Bordeaux wine. The Bordeaux wine regions are all of varying shapes and sizes and cover the entire area of the Gironde department of Aquitaine. Bordeaux is the second largest wine growing region in the world, eclipsed only by the Languedoc region, also located in France.
What is Wine Asset Management?
In financial terms, assets are economic resources. Whether referring to something tangible or intangible, as long as it is capable of being owned or controlled to produce value, it is considered an asset. In other words, assets symbolize ownership of value that can be converted into liquidity (cash) – even though owning cash is also considered to be a liquid asset.
The Classification of Bordeaux Wines
A classification of all Bordeaux wines was suggested as early as the 18th century. France was, and still is one of the leading wine producers in the world, with the Bordeaux region specializing in the production of high quality red wine. Any wine produced in the region of Bordeaux is labeled a Bordeaux wine, and with over 8,500 chateaux and producers in the region, the average output for any vintage is around 700 million bottles. Hence, with an overwhelming variety of wineries, chateaux and wines in the making, a classification system for Bordeaux wines was much needed.
Bordeaux Traders - The Fine Wine Investment Brokerage GmbH
Mooslackengasse 17, 1190 Vienna
Phone: +43 676 490 51 19