Engel & Voelkers expands into the world of yachting

Engel & Voelkers are expanding into the world of yachting. With a strong global network of 300 real estate offices, many well located in prime yachting areas of the Cote d’Azur, Balearics and the East coast of the United States, but also in key city locations including New York, Hong Kong and naturally in the company’s home town of Hamburg, providing a truly international HNW client base.

Benedict Ridge, formerly of Edmiston, heads up the new Yachting division and will be based in London. Further dedicated yachting offices will follow in Monaco and Palma in Spring 2008 and will handle Yacht Sales, Charter and New Construction.

E&V have already secured the listings of several large sailing and motor yachts for sale including a new 58m motor yacht under construction in co-operation with Cavendish White.

Plans are also underway for the construction of a series of 50m motor yachts.

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