Luxury
Berthing pains for Asia's rich put wind in the sails of marina developers
Marina developers in Southeast Asia are racing to build berths to address the latest problem vexing Asia's rapidly growing ranks of ultra-rich: insufficient parking lots for their superyachts. Yacht sales in Asia currently account for 9 percent of the global market share, according to consultancy Wealth-X. While the number falls…
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Click here to read the full story: Reuters