Algodon Wines & Luxury Development Group: A Decade-Long Investment Thesis Finally Playing Out…
Algodon Wines & Luxury Development Group, referred to as VINO going forward, is one way to play the unlevered assets and the credit expansion of Argentina, and it took some digging to find this name. VINO, while having been put together over the last decade, is newly public - the timing of the go-public transaction no doubt much more than purely coincidental (with the political regime change, Argentinian structural reform, etc.). VINO, while being valued at ~$125 million in market cap, also trades "by appointment" at this point so it's public (again, at this point) only in name and in reporting. This is important to take into consideration when prospecting an investment. An investment in VINO should be thought of as an investment into a private enterprise; something which I find attractive when investing (thus why I'm covering this name).
Stay: Algodon Mansion
Honeymoon worthy and full of Argentine charm, this Recoleta hideaway has only ten rooms, so you're likely to have the rooftop jacuzzi and plunge pool to yourself. Every room is massive and comes with butler service, while bathrooms have steam showers and soaking tubs built for two. Seriously, this is baby-making territory. Tip: Algodon’s sister property in Mendoza creates incredible wines, all available at the hotel. Sign up for a tasting with the in-house sommelier then ship home a couple cases to relive your weekend en casa.
What’s Hot: Wine, city and natural attractions abound in Argentina. For example, the Mendoza region east of the country’s center is set to see a huge amount of development in the next few years, especially in luxury and hospitality industries in San Rafael. The town’s goal is to become a center for wine lovers around the world. Indeed, many ex-pats interested in wine are building comfortable homes alongside the Algodon Wine Estates hotel in San Rafael.
Algodon Mansion in Buenos Aires, the chic and sophisticated sister property to the San Rafael hotel, features wines from the San Rafael estate in its ground-floor bar and restaurant.
(Bloomberg) -- Scott Mathis, a former Oppenheimer & Co. partner, says his luxury real-estate development company stands to benefit as Argentine President Cristina Fernandez de Kirchner’s second term ends later this year. Sentiment toward Argentina is improving before the Oct. 25 elections, Mathis, the 52-year-old chairman of Algodon Wines & Luxury Development Group Inc., said in a phone interview from New York.
Eat. Stay. Love. Episode 3 January 20, 2015
Recoleta, a small tree-lined neighborhood in Buenos Aires, has earned the city the nickname "The Paris of South America." We explored it's finest boutique hotel, Algodon Mansion, which provides private butlers for each guest.
Algodon Wine Estates, Argentina
At this distinguished Mendoza wine estate, guests can hop in a golf cart and roam acres of cypress-lined allées, olive groves, and Malbec-yielding vineyards. The executive chef Gaston Langlois grows fresh peppers, squash, and leeks in the vegetable garden.
Mendoza wines achieved 11 medals (5 Golds and 6 Silvers) at the “VII concurso Internacional de Vinhos do Brasil”, which was held in Bento Goncalves, in the state of Rio Grande do Sul. The performance of Argentine wines has been the best in the history of this contest, which is very important for the World Ranking Wines and Spirits.
Silver medals were granted to: Algodon Wine Estates PIMA 2009 and Algodon Wine Estates Malbec Bonarda 2009, of Algodon Wine Estates, among others.