The LGBT market is a significant and growing market. In 2015, LGBT Capital estimated that the LGBT population in Spain alone is over 3 million and represents some US$73 billion in spending power each year. Globally, the LGBT population is estimated at over 400 million with a spending power of some US$3 trillion and an estimated total wealth of US$15 trillion. These are serious numbers and should command respect!
LGBT Capital, the LGBT consumer sector investment firm, in partnership with social media technology company DragonStack today announced the unofficial launch of Property Equality, the first Property Portal designed to serve the global LGBT community with properties in locations popular with the Community, as well as with informative editorial to raise awareness for the Community in its property and financial planning objectives. Property Equality’s offering is being rolled out on a country-by-country basis. Watch out for our soon-to-be official launch!
John Edwards, MD at DragonStack, said ‘We are delighted to have been chosen as the key technology partner for this first-of-its-kind Portal. This project will create further focus on the positive potential of the LGBT Community and the respect this should command!’
Paul Thompson, Chairman of Equality Wealth, the first international specialist to provide access to tailored financial planning solutions for the LGBT community, said ‘We think a specialist LGBT Property Portal is a very important development and further stresses the significance of the LGBT consumer segment. We are strongly believe in supporting the LGBT Community in reaching their financial goals, while also highlighting to the wider business community and governments the importance of this Community.’