Vinos de Lujo 2010

Vinos de Lujo makes its annual run through November 5 at BA's luxurious Alvear Palace.

Today through November 5th, Argentina’s most anticipated wine event returns to Buenos Aires. Vinos de Lujo 2010 offers the public the chance to taste some of the country’s premier wines and to speak with bodega owners and oenologists at one of the city’s most luxurious hotels, the Alvear Palace.

A continuation of the event that took place in Rosario over the weekend, the Buenos Aires edition of the festival will feature over 50 of the country’s most prestigious bodegas and over 200 labels. Wine tastings will be led by some of the industry’s biggest names, including Phil Crozier, sommelier of the British parrilla chain, Gaucho.

On Thursday, November 4th, Salon Versailles at the Alvear Palace will host a six-course dinner, with a menu created for the occasion by the hotel’s head chef. Some of the bodegas participating in Vinos de Lujo include Catena Zapata, Finca La Celia, Nieto Senetiner, Trapiche, Chandon, Terrazas de los Andes, Familia Zuccardi, Altos Las Hormigas, Del Fin del Mundo, Ruca Malen, Atamisque, Rossel Boher, Universo Austral, Septima, Riglos, Finca Flichman, Casa Bianchi, Clos de los Siete, Monteviejo, Norton and Salentein.

For more on upcoming Buenos Aires events and Argentina wine reviews, download the new issue of InvestBA Privada.

Wine Tour Urbano in Buenos Aires

The Urban Wine Tour will showcase Merlot/Malbec (Sept.), Cabernet/Syrah (Oct.) and Best of the Best (Nov.)

Following the success of the Fall Wine Tour that took place earlier this year, Wine Tour Urbano returns with its Spring edition, which will take place on the third Friday of September, October, and November.

Different from a typical wine tasting, WTU participants will meet at a designated location (this time, the corner of Honduras and Malabia Streets in Palermo Soho) and will stroll through the trendy neighborhood, stopping at participating boutiques, each of which will be serving wine from a different Argentina winery.

Boutiques taking part in the events this Spring include furniture showrooms Casa Abierta, BLVD and Bloop, jewelry boutique 925, men’s clothing store REC, music store Miles Discos, and women’s boutiques Las Pepas and Basilotta.

The September 17 event will focus on Merlot and Argentina’s pride and joy, Malbec. Cabernet and Syrah will be served on October 15 and on November 19, each participating winery will present its best wine.

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Prodeo Lounge & Suites

Grooving, Rhythmic & Delicious: Building on the success of recent events, Prodeo will soon offer weekly tastings.

Located on the border of Palermo Soho and Palermo Hollywood, Prodeo Lounge & Suites is situated in the middle of one of the trendiest areas of the city. The luxury boutique hotel, with it’s chic, dimly-lit bar and two-story restaurant headed by Chef Jeroen Van den Bos, epitomizes BA’s renaissance.

The stark, modern interior is visually striking, yet manages to retain a certain warmth with its dark colors, delicate lighting and numerous water features scattered throughout. Music plays constantly throughout the hotel’s common areas, creating a distinct ambiance for each event.

At a recent wine tasting at Prodeo, led by sommelier Laura Pietraccone, guests were treated to a variety of Argentine wines in a relaxed, comfortable environment, starting with a sparkling chardonnay-pinot noir blend. Next came a Torrontes, an aromatic white wine, paired with salmon tartar topped with couscous of cauliflower.

This was followed by a Chardonnay with a yuca-crusted duck croquette in a teriyaki glaze. Two samples of the quintessential Argentine varietal, Malbec, which were paired with Cuban meatballs in a light ginger-and-cumin-infused tomato sauce, rounded out the tasting. The service was impeccable, with a small army of waiters and bartenders gliding seamlessly through the room, allowing guests to completely focus on the experience.

San Rafael Vineyard

Regions like San Rafael offer foreign investors a region reminiscent of Sonoma County in the 1970s.

Politicians are a bit like chess players in the way they are constantly plotting their next moves: pushing new agendas, pursuing re-election or seeking higher office. But for one Alaska politician, the next move was as original as it was unexpected.

Wasilla City Council member Nancy Hall announced she will step down from her post and move with her husband to run a vineyard in San Rafael, Argentina. Hall and her husband, Gary, traveled to Chile looking for vineyard opportunities in 2009.

She returned to work in Alaska but Gary began to focus on Argentina vineyards after visiting their son in Buenos Aires. A few days later Nancy says, “I got this phone call that said, ‘Honey, I bought a vineyard.’

The couple told the Anchorage Daily News that San Rafael reminds them of California’s Sonoma County in the 1970s before it exploded. Their newly-acquired vineyard, Shadow of the Andes, grows the increasingly-popular Bonarda grapes, but Hall is quick to clarify their role in the overall Argentine wine supply chain: “We grow the grapes, we don’t make the wine.” The couple plans to keep their Wasilla home and divide time between Alaska and Argentina enjoying what the ADN calls “a life of perpetual summer spanning the two hemispheres.”

For more information about owning your own vineyard in Argentina, click here and download the new issue InvestBA Privada.

Global Wine Production Cost Comparison

Let this ferment: Grape price and yield per acre are the key variables global vintners must consider.

Global investors must weigh a variety of factors like country risk, capital controls and transparency before choosing where in the world to invest. But what about winemakers?

The number of wine producing countries (70) is over twice the number of teams that compete in a World Cup (32). Plus global grape production (675 million quintals last year) was widely distributed across Europe (44%), Asia (26%), Americas (21%), Africa (6%) and Oceania (3%).

With so many choices, what’s a future global vintner to do? Focus on the key metrics, grape prices and yield per hectare (1 ha = 2.47 acres), says Davidson Viticulture, a leading Australian viticulture consulting group. When it comes to grape prices, three of the world’s most attractive markets are Argentina ($2,354/ha), Chile ($2,480/ha) and South Africa ($2,051/ha).

At 15-20 tons/ha, California leads the global ranking in terms of average yield compared to 10-15 tons/ha for Argentina and Chile; yet, factor in California’s six-figure cost per acre and South America vineyards begin to make more sense for those seeking lower initial cash outlay and quicker ROI. Furthermore, Davidson says advanced technology and irrigation techniques give growers in regions like California and Australia “no real advantage” over the world’s other warm climate regions like South America and South Africa.

For more Argentina wine and vineyard news, download the new issue of InvestBA Privada and for more information about private vineyard ownership opportunities, visit Algodon Wine Estates.

 

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