Investor Area

About us

ALAS SBIC Affordable Housing

We are the first company to develop and manage large-scale affordable rental housing in Spain. Our mission is two-fold: we aren’t profit-driven, and our activities must always have a social and environmental impact, addressing the need for quality, affordable, and energy-efficient housing in Spain.

We are the first “Sociedad de Beneficio e Interés Común” (SBIC), modelled after Community Interest Companies (CICs) in the UK, which use an asset lock to ensure profits serve community objectives. We are active in affordable rental residential portfolio/property management. In its Articles of Association, the entity recognises to voluntarily accept its commitment to generating economic, social, and environmental value through its activities. Therefore, we are subject to more stringent levels of transparency and oversight through specific validation methodologies.

This differentiating factor puts us in a position to attract a type of social capital that, until recently, has been virtually unheard of in the housing rental market. This is done with a view to building and preserving a long-term affordable housing stock; seeing housing as a key social infrastructure for the country’s economic and social development.

Founders

“Creating and preserving affordable housing is one of the most important challenges of our time; we not only invest in property, we invest in communities"

Manel Rodríguez, Chief Executive Officer – Board Member

“Managing public and private capital in the affordable-housing sector can only be efficient with a profile and from a social and environmental impact perspective”

Alejandra Mora, Managing Director – Board Member