Brokerage market round-up: March 5-9, 2018
SALES
Seven yacht sales were announced in the past seven days, including the biggest deal of the year so far — the 73 metre Perini Navi-Pichiotti motor yacht Grace E (pictured below), which was sold by Fraser and Y.CO after less than six months on the market. This bumper sale boosted the total asking price of the yachts sold this week to more than £91 million ($122 million). Fraser was the most active brokerage house, having been involved in two completed deals.
PRICE REDUCTIONS
Ten price drops were announced on yachts for sale this week, for a total reduction of £6.9 million ($9.3 million), but only three of these reductions were higher than £500,000 ($673,000).
NEW LISTINGS
Two yachts were listed for sale this week with a combined asking price in excess of £44 million ($59 million). The largest new listing was the 68 metre Nobiskrug motor yacht Triple Seven, which is back on the market with Burgess five years after she was last sold.
CA CHANGES
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