The Iberian Property Investment Awards, organised by Iberian Property, are gearing up for the awards ceremony of the second edition of these awards, which will take place on the 25th of June in Madrid. These awards recognise and reward the most outstanding players and projects in the real estate investment sector in Spain and Portugal throughout 2023. One of the awaited categories is "Social Impact Initiative of the Year", which recognises activities with outstanding Social Impact in the community, such as support to non-governmental organizations, effective initiatives of cooperation with the community, sponsored research activities to the benefit of the industry, and all other activities with real impact for the society and / or local communities.
The Finalist projects and players competing in this category are:
AEDAS HOMES – CONLASARTES
LOCATION: 15 initiatives spread across the country (Spain).
DATE: 2021-2023
HIGHLIGHTED FEATURES: Connecting Cities with Artistic initiatives; Public- Private collaboration; Financing of winning works.
ConLasArtes by AEDAS Homes’ is a high-impact initiative in the societies where the company has residential developments. ConLasArtes is part of the company’s ESG Plan 2021-2023, in which they defined ambitious environmental, social and governance objectives linked to the United Nations SDGs. Specifically, this programme contributes to SDG 11, Sustainable Cities and Communities and SDG 17, Partnerships to Achieve the Goals.
AEDAS Homes has so far promoted 15 projects the following cities: Madrid, Palma de Mallorca, Valencia, Alicante, Granada, Malaga, Pamplona, Zaragoza, and Barcelona. Each project seeks a story that links the selected city with a specific artistic initiative. AEDAS has developed competitions in photography, painting, sculpture, music, dance, theatre, film, literature, ceramics and urban art, always with the direct participation of city councils, universities and other cultural entities linked to the artistic initiatives to which they refer – a perfect example of public-private collaboration in the cultural field.
KTESIOS SOCIMI – REVITALISING FORGOTTEN COMMUNITIES
LOCATION: 870 assets across diverse municipalities (Spain).
DATE: 2019-Present.
HIGHLIGHTED FEATURES: Democratize access to Affordable Housing; Acquisition & Refurbishment of Residential non-prime assets.
Ktesios SOCIMI embarked on its mission to democratize access to affordable housing in 2019, strategically purchasing vacant or underutilized apartments in Spain’s overlooked regions, “the forgotten Spain”. Ktesios’ business model directly confronts three systemic issues plaguing the Spanish housing market: the escalating unaffordability of housing, the deterioration and depopulation of rural and semi-urban areas, and the urgent need for fostering social and environmental practices.
Ktesios offers rental solutions at an average rate of €390 per month, significantly below the market average. This pricing strategy addresses the growing disparity in housing affordability, particularly in an era where rental prices have surged beyond the reach of average income earners, young professionals, and elderly citizens.
NEINVER – VILADECANS THE STYLE OUTLETS
LOCATION: Catalonia (Spain).
DATE: 2022-2023
HIGHLIGHTED FEATURES: Boosting Health Innovation Research; Funding increase; Resources unlocked to implement the health solutions.
In 2023, Viladecans The Style Outlets launched the second edition of the VTSO Healthcare Innovation Award, sponsored by The Style Outlets and XarSMART – IDIBELL. This initiative aims to a) support advances in medical science to find innovative solutions to problems with a substantial impact on health and the community; and b) expedite the transfer of breakthrough projects into medical products, digital healthcare and advanced therapeutic medicine.
An original idea by Viladecans The Style Outlets, part of NEINVER, owner and operator of the The Style Outlet centres, was first developed in 2022, gaining a new dimension in its second edition (2023), including additional sponsors comprising two of the most highly renowned socio-health institutions in Catalonia: the Bellvitge Biomedical Research Institute (IDIBELL) and the XarSMART network (a programme of valorisation and transfer of research results to the market), and procuring fresh funding of €15,000.
More categories in the Iberian Property Investment Awards:
These finalists represent excellence in real estate transactions in Spain in 2023, and the winner will be revealed at the awards ceremony - a Gala Dinner celebrated on 25th of June in Madrid, coinciding with the Spanish Real Estate Summit. In addition, full details of the other finalists will be announced in the coming days for the other categories that mark the premiere of these awards, which are:
- Deal of the Year in Spain
- Deal of the Year in Portugal
- Green Asset Initiative of the Year
- Research Report of the Year
- Commercial Leasing of the Year
- Marketing Initiative of the Year
- Financial Innovation of the Year
For more details on how to join Iberian Property in this celebration click HERE