Jul 5, 2026 – 1.52pmPub and bottle shop owner Endeavour is moving quickly on new chief executive Jayne Hrdlicka’s strategy to sell off most of its vineyards, appointing agents for the award-winning Oakridge Wines in Victoria and for South Australian properties including Chapel Hill, in a bid to improve its profitability.Meanwhile, Australia’s largest wine producer Treasury Wine Estates, the owner of Penfolds, has appointed the Colliers agency to sell one of its largest properties, Markaranka Vineyard, in the Riverland, a near-1300 hectare contiguous landholding incorporating 157 hectares of established vines.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Endeavour, Treasury Wine Estates tap agents to sell vineyards
The ASX-listed companies are under pressure from depressed share prices. Both have new chief executives keen to cut costs and sell off costly wine assets.
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