Yealands plans growth as Marlborough land prices recover

Yealands Wine Group plans to expand its land holdings in New Zealand’s Marlborough region as competition for wine-growing property drives up prices, founder Peter Yealands said. New Zealand’s biggest producer of Pinot Gris owns 1,500 hectares (3,705 acres) of vineyards and Yealands said he would double the company’s acreage if he could. Apart from Marlborough’s signature Sauvignon Blanc varietal, Yealands makes wines from grapes such as Chardonnay and Pinot Noir under the Yealands Estate and Peter Yealands brands.