Edmiston announces €1bn in sales this year, up 22%
The 105m Oceanco H3 is for sale with Edmiston at €295,000,000. Photo: Guillaume Plisson
Superyacht brokerage Edmiston has announced more than €1bn in sales this year ahead of the Monaco Yacht Show.
The sales figure, which gives an average of more than €38m per yacht, represents a 22% increase compared with the same period last year, according to the company.
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Edmiston says it has the largest market share – at 30% – of yachts sold over 45m this year, with 28 sales ranging from 30-100m.
“The figures for 2024 so far have exceeded expectations, making this another impressive year for Edmiston,” said Alex Koersvelt, commercial director, Edmiston.
“Our clients choose Edmiston for our unrivalled service, our world-class fleet of yachts for sale and charter, and our data-driven industry expertise. We are looking forward to showcasing all this in Monaco later this month.”
READ: ‘Only buy a yacht if you can afford to give it away’ – Jamie Edmiston
The company’s CEO, Jamie Edmiston, added: “Our impressive sales to date, along with our market share, reflect the trust our clients place in us and our commitment to providing the very best in the yachting world.”
Edmiston is the sole broker for the world’s most expensive superyacht currently on the market, Oceanco’s 2024-delivered 105m H3, for sale at €295m. It also represents Feadship’s 84m Savannah, listed for €140m.
Brokerages Burgess and Cecil Wright announced this week they had sold the 90m Lurssen Phoenix 2 with a last asking price of €124,950,000.
“We’ve been very busy in the summer and there is lots happening right now,” Burgess’ head of sales Richard Lambert told Superyacht Investor at the Cannes Yachting Festival. “We’re quite confident towards the end of the year.”
Cecil Wright partner Henry Smith added: “Appetite is definitely there for the really big stuff. There are people around with the money ready to buy.”
The Monaco Yacht Show takes place from 25-28 September.
