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On the Market: Major Price Reductions this Week
An end to the pandemic is well and truly in sight, and the buoyancy of the brokerage market is reflective of this optimistic mood. With highly motivated sellers and more unique listings being added everyday, the current state of brokerage is well and truly a buyer’s market. We took a look at two significant price reductions announced this week representing unique opportunities that have just opened up on the brokerage market.
79m TORO: Turquoise Yachts Largest New Build Sold
Turquoise has announced the sale of its largest new build superyacht, 79m Project TORO, with SuperYachtsMonaco representing the Buyer.
RYI Announces Sale of 65m Benetti New Build TRIUMPH
Royal Yacht International has announced the sale of 65m Benetti TRIUMPH, launched earlier this year, with CEO Manuele Thiella representing the buyer.
Burgess Announces Sale of 64m Codecasa SOKAR
Burgess has announced the sale of 63.8m yacht SOKAR, with Seawood Yachts representing the buyer. The iconic yacht was built by Italian yard Codecasa in 1990 and underwent several refits during her lifetime, most recently in 2020.
IYR Announces Sale of Ex-Formula 1 Star's 25m Yacht JURIK
International Yacht Register (IYR) has announced the sale of 25m Canados 80S luxury yacht JURIK in an in-house deal. Delivered in 2003 under the name FIZZY to legendary racing car driver Giancarlo Fisichella, JURIK is a pedigree Italian high-performance yacht with planing hull.
Cantiere delle Marche Seals Record Sale at SCIBS 2021
Italian yacht builder Cantiere delle Marche (CdM) has secured a record sale at the 2021 Sanctuary Cove International Boat Show. The third hull of the RJ 115 model was purchased by an Australian client, marking the continued growth of CdM explorer yachts in the Australasian market. The buyer was introduced by Sean Madgwick and Scott Wellington-Stones of Yachtsmen International.