The world of exclusive living.

In the global marketplace for luxury real estate, just what does US$20 million buy? That’s the multimillion-dollar question posed for this edition of Luxury Defined. They have reached the lofty neighborhood of US$20 million. Read on, and open a few doors: It’s a rather splendid neighborhood, isn’t it?

Bauhaus architecture revolutionised house building after the First World War. The online magazine Luxury Defined of Christie’s International Real Estate showed in a newly published article how the Bauhaus School still characterises today’s architecture using the examples of 4 recently built houses, that are actually on the real estate market.

The Swiss National Bank’s decision on 20 June to lower the key interest rate again by 0.25% to 1.25% surprised some market observers. However, in view of the continuing positive inflation trend, there remains scope for a further easing of monetary policy over the course of the year, depending on how the economy and inflation develop.