SALES
Five yacht sales were announced during another busy week for the brokerage market. The total asking price was in excess of £24.6 million ($32 million). The largest yacht sold was 110 metre Oceanco Jubilee, with Burgess acting for both buyer and seller. However the price was withheld.
Jubilee was the biggest yacht sold this week. Its price was withheld.
PRICE REDUCTIONS
Five price drops were announced on yachts for sale this week for a total reduction in excess of £3.9million ($5.3 million). One of these price drops was over £1 million.
This week's biggest price drop was on Rebel, listed for sale with Northrop and Johnson.
NEW LISTINGS
Ten new yachts were listed for sale this week with a combined asking price in excess of £85.8 million ($114.3million). The most expensive new listing was 62 metre Feadship New Hampshire, listed for sale with Cecil Wright & Partners.
62 metre Feadship New Hampshire was the most expensive new listing this week