Ouractivity
We create “ALAS Communities”
ALAS not only develops social and affordable rental housing; we also manage it with a long-term vision. The properties are built in accordance with stringent sustainability, accessibility, and quality criteria, so all the rental homes we build come with optimal features and high energy efficiency levels.
Our management model, which integrates technology, impact management, and collaboration with social organisations, enables financial returns while doing our bit to make a positive impact by creating and preserving a long-term affordable housing portfolio.
To build our VAS (Affordable and Social Rental Housing), we work with low-profit suppliers and developers, as well as local non-profit organisations that have profit reinvestment and margin-reducing strategies, giving rise to a steady stream of unique and trailblazing projects.
“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”