#TradeNews - Yacht sales are on the upswing in Britain, with one superyacht broker reporting five deals in a single week for a total of a whopping £32 million (€39.9 million), according to Mail Online.
While mega-rich elites in the Middle East made up the bulk of the buyers during the lean years of the recession, now the western market is re-emerging - with the latest sales going to a German, an American and two wealthy Brits.
The new buyers, from brokerage Edmiston, are following the trail blazed by F1 mogul Eddie Jordan, who recently took the keys to his 155-foot superyacht that was revealed earlier this year by manufacturer Sunseeker.
And all this is in addition to a reputed 15% rise in luxury yacht charters, fuelling an insatiable appetite for opulence on the waves.
Mail Online has much more no the story HERE.
