SALES
Nine yacht sales were announced during a busy week for the brokerage market, with a total asking price in excess of £41.5 million ($55.3 million), with the price of one yacht withheld. Worth Avenue Yachts and Northrop & Johnson were the most active brokerage houses this week, both involved in two sales.
PRICE REDUCTIONS
Five price drops were announced on yachts for sale this week for a total reduction in excess of £3.3 million ($4.4 million). One of these price cuts was in excess of £1 million.
NEW LISTINGS
Nine yachts were listed for sale this week with an asking price in excess of £57.8 million ($77.1 million), with the price of one yacht withheld. This week's most expensive new listing was 49 metre Trinity yacht Lohengrin which is offered for sale with Burgess.