Origin and philosophy
Origin
At ALAS, we strive to protect the availability and affordability of long-term rental housing as a key instrument in the prevention of residential exclusion and social vulnerability. As a low-profit company, we work with the social objective of prioritising the construction of affordable housing for people over profitability and investor incentives.
In Spain, there are hardly any non-profit or low-profit organisations with a long-term commitment to developing affordable and social rental housing. On the other hand, there are no shortage of social impact capital investors with no investment options in large-scale housing developments.
We’re an innovative solution to finance affordable and social housing, connecting investors and capital with social impact and low-profit or non-profit organisations. Together, they will become important housing providers and developers in Spain.
Wings between a structural social need and the necessary and appropriate capital to satisfy it.
Philosophy
Three-fold impact
We create long-term value, obtaining a combined financial and social return on investment for the community and our investors alike.
Social Purpose
We work reflexively and strategically to maximise the value of all stakeholders, residents and neighbours, partner suppliers, public administrations and investors. Creating impact for generations to come.
Innovation in financing
We strive to be an innovative tool for financing and long-term preservation of affordable and social rental housing in Spain.
