Chart/Map of the week: What do longer economic cycles mean for global real estate investment?

The new Active Capital report highlights the extent to which economic cycles are lengthening. At more than nine years, the current US economic cycle is double the average length of the previous 33. This phenomenon is not limited to the US, with the UK similarly nine years into its recovery from the global financial crisis (GFC), while Australia is more than 27 years into its cycle. These elongated cycles mean long-term average growth rates are moderating, Victoria Ormond looks at what this means for global real estate investment.