Ouractivity
We create “ALAS Communities”
We team up with local non-profit or limited-profit organisations to build our “VAS Buildings” (affordable social rental housing) and ALAS Communities. These organisations are our suppliers and have extensive knowledge of the real needs of the projects, as well as playing a key role in forging relationships with the land owners. They have strategies for reinvesting profits and cutting down on or getting rid of the developer margin, which does its bit to generate a constant flow of capital and projects.
Our team meticulously assesses each acquisition proposal from these suppliers, which always includes a comprehensive lease asset management and social action plan with tenants. We take three key factors into account in this assessment: the organisation’s experience, the financial viability of the project and the potential social impact.
As well as these “productive” activities, we are also involved in more intangible actions, such as supporting legislative and policy initiatives, not to mention paedagogical and academic activities that foster the development and preservation of affordable social housing for rent and otherwise.
“VAS” Building
These are Communities whose users’ affordable rent is at the heart of making the expenses in other key areas sustainable such as education and training, food, health and even leisure. Looking after them all.
“We pursue a positive impact by creating and preserving long-term affordable rental housing”
