Burgess has announced that it sold four yachts in seven days. Teams in Asia, Europe and the US all secured sales that amounted to over 166m in total length and a total value just under €65 million (about US$74 million) according to last-known asking prices.
The third of the four sales was by Burgess Asia, which represented the seller of the 34m Feadship Moon Sand Too. The 111ft ‘lagoon cruiser’ joined the Burgess sales fleet in August and was sold three months later.
The first of the four global sales was the new 55m Damen Yacht Support vessel Time Off, with Burgess’ 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, which joined the Burgess sales fleet in March and was sold eight months later, with the Miami team bringing the buyer and representing the seller.
The finale of what Burgess described as “the perfect week” was the sale of Ribelle, the 32.6m Vitters performance sailing yacht.
Jonathan Beckett, CEO of Burgess, said: “The past 13 or 14 months have been pretty extraordinary, almost relentless in the sales market. Yachts have been selling at really good prices. We are 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.”
Earlier this year, Burgess Asia announced its 20th transaction since it was formed under Singapore-based Jean-Marc Poullet in 2015. Its operation includes about 20 staff in five offices (Hong Kong, Singapore, Tokyo, Phuket and Mumbai) and a dedicated Asia desk in Monaco.