ALAS Vivienda Asequible, the first company in the real estate sector with SBIC status (Sociedades de Beneficio e Interés Común – Benefit and Common Interest Corporations), has joined SpainNAB, the National Advisory Board for Impact Investment, which works to raise awareness and promote changes in investment processes in Spain in order to channel public and private capital flows towards concrete solutions to unmet social and environmental challenges.

SpainNAB is an independent organization that represents the Global Steering Group for Impact Investment (GSG Impact) in Spain. GSG Impact is the leading international platform for this type of investment, aiming to mobilize capital towards initiatives that, in addition to financial returns, generate a positive social and environmental impact. More than 50 countries are part of this global network.

With this incorporation, ALAS becomes one of the first companies in the Real Estate sector to join this network. The company thereby strengthens its commitment to a more sustainable, fair, and people-centered business and investment model.

“Joining SpainNAB reinforces our commitment to a way of doing business that seeks not only economic return but also social transformation,” explains Alejandra Mora, founding partner of ALAS. “Being part of this organization will allow us to contribute our expertise on how to tackle a critical social challenge such as housing access and provision. At the same time, we’ll benefit from SpainNAB’s knowledge and experience in social impact investment across other sectors and countries, and participate in the evolution, regulation, and international growth of this type of investment.”

“The fact that ALAS is joining SpainNAB is fully aligned with the activation of sector-specific verticals aimed at addressing specific socio-environmental challenges, as outlined in our Strategic Plan, where housing accessibility and affordability are a priority,” states Mercedes Valcárcel, CEO of SpainNAB. “Having a specialized entity like ALAS allows us to move forward with greater focus and strength in this area.”

This incorporation consolidates ALAS’ position as a pioneering agent in a sector that must begin to align with the Sustainable Development Goals (SDGs), particularly in terms of social sustainability. It demonstrates that investment models combining economic profitability with social commitment are indeed possible.