Its long-time premises and spiritual home in Pall Mall has grown too small for yacht services group Burgess who are now moving to Cunard House in nearby Regent Street.
Their London headquarters provides the full range of superyacht services: brokerage, charter, charter management, technical services, yacht management, crew services, insurance and marketing.
Over 75 of the 180 team members employed by Burgess are based in the London office, including the company’s senior administration and financial staff.
Despite variable and challenging trading conditions in the industry over the last decade, Burgess has enjoyed continued success in all divisions enabling organic growth in line with the developing requirements of its clients.
A substantial volume of international transactions are processed through London which is an important hub for the company’s core brokerage and charter operations.
Covering the full spectrum of the superyacht market from the top down, the company boats the highest value of sales and the largest average length of yachts sold across the industry. For the last two consecutive years, the total value of company’s sales recorded by asking prices exceeded EUR 1 billion.
Some of the largest and most seminal superyacht sales of all time have been achieved by their brokerage team, a number of which were off-market deals.
A growing central agency brokerage fleet of approximately 80 yachts is also marketed for sale, 40% of which is over 50m.
“The industry is currently in a very interesting cycle, so the move to larger premises nearby is an exciting step for us,” said Jonathan Beckett, CEO of Burgess. “Not only will the move allow us to keep pace with the developing needs of the business, but the new environment will be beneficial for team building which is an important factor in the DNA of Burgess.”
Burgess also has offices in Monaco, Moscow, Palma, Athens, New York, Miami, Los Angeles, Seattle, Singapore, Hong Kong and Tokyo.