Growing Hispanic Population Fuels Growth in Retail, Multifamily Sectors, PREI(R) Report Says

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Posted on: December 8th, 2005
Filed Under: [ Hispanic News ] [ Press Releases ] [ Real Estate ]
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“The growing Hispanic population promises to have a major impact on retail demand and housing choices in the United States, providing real estate investors with substantial investment opportunities in both sectors, according to The Rising Influence of the Hispanic Population on U.S. Real Estate, a newly released report from Prudential Real Estate Investors (PREI(R)). PREI is the real estate investment management and advisory business of Prudential Financial, Inc. (NYSE: PRU).

“The Hispanic population is a young, large and fast-growing group united by a common language and ancestry,” said Youguo Liang, managing director of research for PREI. “Towns and urban areas are gradually incorporating cultural characteristics of Latin American heritage and urban planning, while the growth of the Hispanic population’s disposable income further enhances their influence in all sectors of the U.S. economy.”…”

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