Sareb’s Social Initiative Reaches Record Expansion
In 2025, the Spanish asset management company Sareb, formed after the banking restructuring, made a significant leap in addressing housing challenges. Over recent years, the organization has transferred more than 11,500 apartments for social needs, providing homes for over 35,000 people facing tough life circumstances. Most new residents have joined a special assisted rental program that also offers employment opportunities.
Assisted Rental Program: How the Model Works
A central element of Sareb’s strategy has been the assisted rental and employment support project. Nearly 9,800 families have already benefited, gaining not just housing but also a pathway to professional reintegration. Additionally, the company has handed over 1,625 properties to municipalities and state institutions under special agreements. The initiative also prioritized victims of natural disasters: 180 apartments were provided free of charge to flood victims through partnerships with the Ministry of Housing and Valencia regional authorities.
Impact on the Labor Market and Family Incomes
One of Sareb’s significant achievements has been the development of its labor integration program. Over the past year, more than 600 people have found employment, and by 2025, the number of employment contracts is expected to approach 700. This approach has enabled many families not only to stabilize their situation but also to increase their total income by more than 20%. The program’s economic sustainability is evidenced by a low rate of overdue payments: the share of unpaid rent over the year was just 10.6%, which is significantly below the market average for similar projects. The steady decline in this indicator since 2022 demonstrates the participants’ high level of responsibility and the effectiveness of the support measures in place.
