The Work Index by Flexa

Vicinity

Vicinity is a Belgian real estate investment fund focused on developing and managing affordable and sustainable housing for the middle class.

https://vicinity.be/
4.7

/10

Transparency ranking

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Description

Vicinity is a Belgian real estate investment fund specializing in affordable and sustainable housing. Their mission is to provide quality housing to middle-income individuals and families, recognizing that access to affordable housing is a fundamental right. Vicinity focuses on developing and acquiring new residential properties, adapting them to their vision, and managing the buildings and tenants with a focus on well-being.

Vicinity stands out for its commitment to both financial and social sustainability. They prioritize energy-efficient buildings, shared spaces, and a strong sense of community among tenants. They also actively engage in promoting sustainable living practices and reducing the environmental impact of their buildings. Through its innovative approach, Vicinity aims to contribute to the creation of a new society that is both socially inclusive and environmentally conscious.

Flexibility

Vicinity offers a flexible work environment. While the job posting mentions "full-time" employment, it doesn't specify any particular schedule or remote work options. However, the company's focus on creating a harmonious and participatory work environment suggests that they might be open to discussing flexible arrangements with their employees.

Mission

Vicinity Affordable Housing Fund aims to provide accessible, high-quality, and sustainable housing to economically less privileged citizens in Belgium. They achieve this by investing in and developing residential buildings that offer affordable rental options, targeting the middle class and ensuring rents represent less than 35% of their disposable income. They are committed to sustainable practices, prioritizing energy efficiency, shared spaces, and community building. Vicinity strives to make a positive social and environmental impact through their innovative projects, working towards a more equitable and sustainable future for housing in Belgium.

Disruptor
Environmental impact driven
Improving quality of life/health
Social impact led
Sustainability

Culture

Vicinity promotes a culture of community and sustainability, fostering a sense of shared responsibility and connection among its employees and tenants. The company prioritizes collaboration and transparency, actively engaging with stakeholders to build a more inclusive and sustainable future. They strive to create a positive impact on the lives of their tenants by providing affordable and high-quality housing while prioritizing environmental consciousness through energy-efficient buildings and community initiatives.

DE&I

Vicinity is committed to creating a diverse, equitable, and inclusive workplace. The company's approach centers around fostering a sense of community within its buildings, recognizing that affordability is not just financial, but also about access to resources and support. They strive to create welcoming environments where people from different backgrounds can thrive. This commitment is reflected in their initiatives to partner with public actors, prioritize the well-being of their tenants, and promote diversity within their own team.

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