And Invext Corporation, as well as working in investment sectors such as corporate, capital markets or real estate, also We are committed to society. Therefore, and in line with this philosophy, we are looking for projects that are aligned with these values.
In that respect, and within the property sector, we have initiated a partnership in Primero H Socimi through the SOCIMI Inbest Real Estate in which we are present. First, H Socimi is the Spain's first social SOCIMI seeking to create greater opportunities for access to affordable rental housing for people in situations of residential vulnerability.
This Socimi arises from the union of ASOCIMI, The Spanish Association of Listed Real Estate Investment Companies (SOCIMI), and HOME YES, a social initiative organisation working to combat homelessness in Spain. This is a pioneering union in Spain, which already exists internationally in the United Kingdom and Australia, whose objective is to become a benchmark investor in affordable rental housing in our country.
Under this objective, Primero H Socimi works to guarantee in equal parts The balance between investment and social action. On the one hand, it is an attractive source of long-term income for shareholders and investors while guaranteeing decent housing for the most vulnerable people.
The philosophy of this SOCIMI is aligned with the values of Invext Corporation, which is why we have decided to be part of this initiative that, in addition to seeking profitability for the shareholder, contributes to improving society and fostering housing access opportunities for people at risk of social exclusion.
