Brokerage market round-up: May 29- June 1, 2018

1 June 2018

SALES

Seven yacht sales were announced during a somewhat slow week for the brokerage market. The total asking price was in excess of £11.2 million ($15 million), with the price of two yachts withheld, and the most active brokerage house was Denison Yachting, with two completed deals announced this week.

Thea was the most expensive yacht sold this week

PRICE REDUCTIONS

Three price drops were announced on yachts for sale this week for a total reduction of £720,000 ($960,000).

Lady Ellen received this week's biggest price cut

NEW LISTINGS

Seven yachts were listed for sale this week with a combined asking price in excess of £19.7 million ($26.2 million) with the price of two yachts withheld. The most expensive new listing was the 30.7 metre Oyster sailing yacht Penelope__, which is offered for sale with Oyster Brokerage.

Penelope was the most expensive yacht listed for sale this week

CA CHANGES

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