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Leading Superyacht Brokerage House Burgess Sells 4 Yachts in 7 days

Burgess sells 4 yachts

Burgess has announced that it has sold four yachts in seven days – amounting to over 166m (544ft) in total length and just under 65million EUR in total value (last known asking price). 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, 55.5m 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 44m 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 33.9m (111.2ft) 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. A firm favourite within the Burgess fleet, this 32.6m (106.9ft) 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 that 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 comments, ‘The past 13/14 months have been pretty extraordinary – almost relentless in the sales market. Yachts have been selling at really good prices and talks of ‘COVID deals’ was quite honestly a myth.

‘We are delighted with the current sprint to the finishing line of 2021, but we aren’t there yet – still more deals to be done as we enter December!’

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