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78m Abeking & Rasmussen superyacht Eminence and 58m CRN superyacht J'Ade sold

Market
Written by
Georgia Tindale

In a busy week for the brokerage company, Burgess has announced the sales of the 78.43-metre superyacht Eminence and the 58.2-metre superyacht J'Ade. Burgess represented both the buyer and the seller in the sale of J'Ade and represented the seller for Eminence, with Glynn Smith of Worth Avenue Yachts representing the buyer. This follows the announcement last week that the 65-metre Heesen Galactica Star had also found an owner, with Burgess representing the buyer in the deal and Fraser the seller.Eminence yacht aerial viewPhoto: Burgess, Cremona Marine LimitedEminence was built in 2008 by Abeking & Rasmussen and was designed inside and out by the British studio Reymond Langton Design. With a generous volume of 2,054 GT, Eminence accommodates 16 guests across eight cabins and a crew of up to 24. 

Eminence yacht saloonPhoto: Burgess, Cremona Marine LimitedEminence yacht stateroomPhoto: Burgess, Cremona Marine LimitedPerformance-wise, thanks to her twin Caterpillar 3516 diesel engines, Eminence cruises at 14 knots with a top speed of 16.3 knots. She has a transatlantic range of 6,350 nautical miles at her eco-speed of 11.6 knots. Eminence yacht toys Photo: Burgess, Cremona Marine LimitedOn the market for just four and a half months prior to her sale, Eminence was listed as a yacht for sale at an asking price of €80,000,000. Eminence yacht aerial night viewPhoto: Burgess, Cremona Marine LimitedSold for the second time by Burgess in the space of three years - with Burgess representing both the buyer and seller on both occasions - superyacht J'Ade was built in 2013 by CRN and has both interior and exterior styling from the drawing boards of Zuccon International Project. J'Ade cruisingTwin MTU 12V 4000 M63 2010 hp engines give superyacht J'Ade a top speed of 16 knots and a cruising speed of 14 knots. Accommodating up to 10 guests and 14 crewmembers, J'Ade has all of the typical CRN features including a large folding stern platform with a beach club, as well as private balconies in the master stateroom.
J'Ade yacht jacuzziPhoto: Burgess

J'Ade yacht owner's stateroomPhoto: BurgessJ’Ade's full-height windows in the upper salon provide guests with wide panoramic views. As a particularly notable feature, for the first time on board a CRN yacht, she also boasts a floodable tender garage.J'Ade yacht beachclubPhoto: BurgessAs a yacht for sale, J'Ade was asking €29,000,000.

Market statistics courtesy of SuperYacht Times iQ

Eminence
- In 2018, German-built yachts sold at an average asking price of €32.35m, equivalent to €20,310 per GT
- During 2018, yachts built between 2006 and 2010 sold at an average asking price of €7,69m equivalent to €24,300 per GT
- In 2018, yachts in the 70-80-metre range sold at an average asking price of €55,74m or 38,530 per GT

J'Ade 
- In 2018, Italian-built yachts sold at an average asking price of €6.8m, equivalent to €23,930 per GT
- Last year, CRN built yachts sold at an average asking price of €10.4m or €24,820 per GT
- During 2018, yachts built between 2011 and 2015 sold at an average asking price of €11.57m, equivalent to €33,920 per GT
- In 2018, yachts in the 56-60-metre range sold at an average asking price of €22.93m, or 28,870 per GT


Specific statistics courtesy of SuperYacht Times iQ
Eminence
- Yachts built circa 2008 in Germany measuring around 78m sold at an average asking price of €97,5m or €43,460 per GT


Comparable sales courtesy of SuperYacht Times iQ

Eminence
- Rocinante had a last asking price of €92m, equivalent to €39,417 per GT
Wheels had a last asking price of €67.5m, equivalent to €33,902 per GT
- Bella Vita had a last asking price of €83m, equivalent to €37,642 per GT
- Eminence sold for €80m or €38,948 per GT

J'Ade 
- Vision had a last asking price of €27.1m, equivalent to €26,900 per GT
- Turquoise had a last asking price of €22.5m, equivalent to €29,801 per GT
- Liberty had a last asking price of €32.6m, equivalent to €41,688 per GT
- J’Ade sold for €29m or €30,884 per GT


Similar yachts for sale on SuperYacht Times

Eminence
- Out of the 56 Abeking & Rasmussen yachts, there are 12 Abeking & Rasmussen yachts for sale at an average asking price of €30.3m
- Out of the 69 Amels yachts, there are 12 Amels yachts for sale at an average asking price of €29.2m
- Out of the 34 Oceanco yachts, there are 6 Oceanco yachts for sale at an average asking price of €64.38m

J'Ade 
- Out of the 71 CRN yachts, there are 14 CRN yachts for sale at an average asking price of €11.2m
- Out of the 285 Benetti yachts, there are 70 Benetti yachts for sale at an average asking price of €8.3m
- Out of the 127 Sanlorenzo yachts, there are 27 Sanlorenzo yachts for sale at an average asking price of €7.38m

The SuperYacht Times iQ Report

SuperYacht Times - The State of Yachting 2019

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