Two more vineyards forced to sell (NZ)

Two more Awatere Valley vineyards are up for mortgagee and receivership sale, almost 18 months after a still-to-be-sold 128-hectare vineyard was first listed for sale by the receivers of failed wine company Awatere Vineyard Estates. Tetley Brook Vineyard, a 50-hectare Sauvignon Blanc holding near Seddon, is up for mortgagee tender closing March 1, while tenders for the nearby Sedgebrook Estate’s 47ha vineyard close a week later, reports Business Day.