Sales frenzy
Burgess has sold four yachts in seven days, amounting to over 166 metres (544 feet) in total length and just under EUR65 million in total value.
02 December 2021
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Burgess is celebrating the sale of 65 million Euro in superyacht sales in the past week. Interestingly, the yachts sold encapsulate the truly global nature of the company, with teams in Asia, Palma, New York, and Monaco each securing a sale.
Kicking off the quartet, 55.5-metre brand-new Damen support vessel Time Off was sold to its new owner, with our Palma office taking control of the sale and representing the seller. Time Off was on the market for just under a year and was available for delivery from July 2021.
Next up was the 44-metre Bloemsma & Van Breeman motor yacht Arete. She joined the Burgess sales fleet in March 2021 and eight months later was sold with the Burgess Miami team bringing the buyer and representing the seller.
Moon Sand Too, the 33.9-metre (111.2-foot) Feadship Lagoon Cruiser, was next to go with the Burgess Asia office representing the seller. Moon Sand Too joined the Burgess sales fleet in August 2021 and was sold three months later.
The grand finale of the perfect week is the sale of the beautiful sailing yacht Ribelle.
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A firm favourite within the Burgess fleet, this 32.6-metre (106.9-foot) Vitters performance sailing yacht joined the Burgess fleet as a whisper listing before the owners became committed to selling at the right price.
Throughout the past year and the pandemic, Burgess has seen significant activity in the sales and new-build sector as more and more clients decide now is the right time to get on the yacht purchase ladder.
The market has been extremely buoyant since the last quarter of 2020. Jonathan Beckett CEO commented: “The past 14 months have been pretty extraordinary – almost relentless in the sales market.
“Yachts have been selling at excellent prices and talks of COVID deals were honestly a myth,” said Beckett. “We’re delighted with the current sprint to the finishing line of 2021 but we aren’t there yet – there are still more deals to be done as we enter December!”
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