Makoto Yamaguchi Design - Villa / Art Gallery in Karuizawa, Japan
Karuizawa is a resort town surrounded by the forest, well known as a bijou town for the summer retreat and favored by weekenders from Tokyo and the region.
Brexit has further muddied the waters about the outlook for the global economy, the impact of which will be difficult for the Japanese economy as a whole to avoid.
By Knight Frank's latest index, Hong Kong is the world's most expensive market, where US$1m buys just 20 sqm. The same budget will only get you 39 sqm in Singapore, 48 sqm in Shanghai and 86 sqm in Tokyo, as per the index.
The current cycle of globalization, urbanization and technological advancement is shaking up the established hierarchy of our cities and creating sweeping changes to the geography of commercial real estate opportunity
