In its 26th edition, the SIMA fair dedicated, for the first time, one of its conference panels to social impact investment in housing — a type of investment that is still emerging in the Spanish residential sector.
Alejandra Mora, founding partner of ALAS Vivienda Asequible, highlighted the importance of this kind of capital, which seeks to generate a social return on investment without forgoing financial profitability.
“In many European countries, social impact investment in housing is already a reality. It allows private capital — willing to accept lower returns — to be channeled into projects that create triple impact: economic, social, and environmental,” said Alejandra.
“Investors who begin to explore this path in Spain will have a significant role to play in building the affordable housing stock our country needs,” she added.
The roundtable brought together leading experts in the field of social and affordable housing, including: Myriam Estarrona del Río, Leading Social Innovation and CEO of Open Value Foundation; Javier Basagoiti Miranda, from Primero H (HOGAR SÍ); Rocío del Mar Álvarez, director of tuTECHÔ; and Gregori Cascante, from Ingeus.
All of them agreed on the need for Public Administration to support social return investment through a more ambitious regulatory framework.
