In the run-up to the Fa’ la cosa giusta fair in Bastia Umbria today, the ASCI (Fondo Abitare Sostenibile Centro Italia) property investment Fund, managed by Prelios Sgr, introduced several property development projects aimed at promoting social housing initiatives in Umbria.
The projects, distributed among Perugia, Bastia Umbra and Foligno, aim to achieve two main objectives: to respond to the demand for rent-controlled housing at prices below the market rates, while maintaining high qualitative standards from a technical-construction point of view, and to develop an innovative project management system which focuses on the relationships among people, in order to encourage management that better meets the needs of those who live there. Thanks to these property development projects, the ASCI Fund – 70% owned by FIA - Fondo Investimenti per l’Abitare, created by CDP Investimenti Sgr – supports social housing in a region affected by a housing shortage.
Specifically, the project provides for the construction of 171 homes in Perugia and 60 in Foligno, accessible under both lease agreements with a right of redemption, and long-term lease agreements. In Bastia Umbra, the project provides for the construction 123 apartments, 94 of which are for social housing purposes, in addition to a medium‑size retail unit and local commercial units/shops.
Alessandro Busci, Head of Business Development, Fund Raising & Fund Management at Prelios Sgr declared: “The objective of the social housing initiatives presented today by the ASCI (Abitare Sostenibile Centro Italia) property fund, managed by Prelios SGR, is to contribute to solving the housing problem through the development of initiatives that can meet the social needs of families and individuals in financial hardship, guaranteeing their wellbeing and social integration. The projects, under construction in Perugia, Bastia Umbra and Foligno, seek to respond to the demand for rent-controlled housing at prices below market rates, while maintaining high qualitative standards from a technical-construction point of view. Prelios Sgr is highly committed to the development of projects which make a social impact in the region, both as a line of business for the company and in order to contribute to the economic and social growth of the country.