shape the landscape
Market forces still
fmarket
“ ”
the brokerage team at Burgess sets the pace with the latest superyacht sales and listings. orce
Well priced yachts are continuing to sell and so far 2011 has shown an increased number of
year on year transactions against 2010 if you look at the overall market above 30 metres.
However the 45 metres and above market in isolation is proving a lot tougher with 30% less transactions this year against 2010. With more yachts coming on to the market there is still no upwards pressure on prices and we don't really see this changing this year. There is however some evidence to
suggest that stock levels of semi custom boats are now more under control than they were 12 months ago so the long term outlook is more positive. The new construction market is
still quiet however with no likely reduction in either commodity or labour prices,
whole of 2010
shipyard costs aren't going to get much better and we believe that the next few months will represent the best time to start discussions for a new build. With so much choice on the market,
intelligent advice has never been so important and our experienced sales team are the best in the business to guide you through the process.
Tim Wiltshire Group Sales Director
89 Total Yacht Sales 48 49 Key:
30m-45m yachts sold
16
to June 2011
45m + yachts sold
THEEDGE
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