2021 Annual Report

1 November 2020 – 31 October 2021
We are for homeless youth

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2021 was a milestone for the Property Industry Foundation, we were able to say that in the last five years we had built 100 extra bedrooms for homeless youth. That's 100 extra bedrooms that tonight will offer refuge to young people, some for one night and some for one year.

Kate Mills, CEO

Property Industry Foundation

CEO & Chair Message

Last year was a landmark year for the Property Industry Foundation. Five years ago the Foundation sharpened its focus on one core program – our building program that builds homes for homeless youth. It’s with great pride that by the end of 2021 we completed 21 bedrooms and so we were able to say that in the past five years we have built 100 bedrooms for homeless youth. That is an extra 100 bedrooms available tonight for homeless youth. For some, it will offer refuge for a night, for others for a year, but for everyone who lays their head down to rest in those rooms, it provides a chance to have an ordinary life.

The Foundation has also distributed over $30 million to front line services since 1996. These results confirm that the property and construction industry is having an impact on the lives of our most vulnerable youth.

25 years is a milestone for any business. In a world rocked by volatility, charities need to be lean and agile, able to respond to events by cutting costs and pivoting to new opportunities. At the same time as a for-purpose business, we can never lose sight of why we exist, and why you support us, which is to change the lives of the most vulnerable.

Last year, like the rest of the world, the Foundation faced many challenges. Flagship events were cancelled again, homes that we planned to build were postponed and we juggled different lockdowns and regulations across the states.

But what sustained us, and what has sustained us since covid-19 began, were two things. One is the depth of support that we receive from the industry. Despite tough times, we start in 2022 with more supporters than we have ever had as the industry has rallied to us and the cause of youth homelessness. The second was the impact we have had – and the impact that we know we can have. 100 bedrooms over 5 years has been no easy task, and our impact is accelerating. To date the total of bedrooms we have built since 1996 is 229.

The property and construction industry has a significant role to play in ending youth homelessness. This is not just in the provision of accommodation – although that remains our focus – it is also in the development of policies and partnerships with government and the for-purpose sector that will bring about the day where every young person has a safe and secure place to sleep.

Despite the trials and tribulations of the last two years, we are optimistic about this year – and the next 25. The Foundation is a very different organisation to what it was when we started. Now we operate in 3 states, have over 110 steadfast corporate partners, and have an expanding and visible footprint in ending youth homelessness. This year we celebrate the future with a new brand – we will always be the Property Industry Foundation but our key homebuilding program is now known as The Haven Project, to give a better idea of what we are trying to achieve.

The Foundation is a unique industry-wide collaboration that has achieved a lot in the last 25 years. However, there is much more to do, and the Foundation is as hungry for change as it ever has been. With your help we are making a difference to the lives of homeless youth. Let’s not stop now

Kate Mills CEO
Penny Ransom Chairman

2021 Impact Snapshot


more rooms in 2021. Built 229 bedrooms to date


bedrooms in our pipeline for development.


young people have spent at least 6 days in a Haven House


occasions of services experienced by young people in the programs & homes we support


Charity Partners


Corporate Partners


Committee members


value of in-kind goods & services donated


given in the 1st year of Furniture Fund

Youth Homelessness - Understanding the impact of Covid-19

See how we fit in

“Limited access to accommodation and basic hygiene requirements increases the risk of infection and difficulty in complying with hygiene, self-isolation or quarantine measures (House of Representatives Standing Committee on Social Policy and Legal Affairs 2020; Waters 2001).”

“Young people were at an increased risk of homelessness during and after the pandemic due to factors such as workforce casualisation, declining rental affordability, youth unemployment and under-employment and inadequate rates of income support (House of Representatives Standing Committee on Social Policy and Legal Affairs 2020).”

SAMI - Returning to a Safe Haven

With the support of the Wesley Mission’s KickStart program at Haven House Dundas, Sami* completed school, enrolled in university and was working part time. She was supported to move into a private rental with a friend and for a year she was gaining independence and doing very well. However, the combined pressure of study, working and coping with the Covid-19 pandemic led to a series of mental health episodes, which resulted in hospitalisation.

Sami was able to return to the safe haven of Haven House and gain access to the support she needed to recuperate and get back on her feet. “Many young people will leave home and return if things get too hard,” says Wesley Mission. “It’s wonderful that this young person had the relationship with her workers and was able to return “home” while she recovers.”

*Not her real name

Our Supporters

National Donors


ARA Group


AVID Property Group

Brookfield Properties

BIC Services



Charter Hall Group


Cushman & Wakefield


Dexus Property Group

Frasers Property Australia

Holding Redlich


ISPT Pty Ltd


Kane Constructions Pty Ltd

Knight Frank

King Living





Minter Ellison


Plenary Group



REA Group


Rider Levett Bucknall

Shape Australia

SMLXL Projects

St Hilliers

The GPT Group


Varga Brothers logo

Varga Brothers Investments

Vaughan Constructions

Vicinity Centres

WT Partnership


Platinum Donors

Our Platinum Partners




Cameron Brae


Cornerstone Properties

Dennis Family

Dest. Gold Coast Constm

Essence Project Mgmt

FA Pidgeon & Son



Hengyi Pacific

Hexa Group


Marks henderson


Pitcher Partners

Roberts Co

St Hilliers

Tactical Group



Zig Inge

Gold Donors

Our Gold Partners


Arnold Bloch Liebler

AW Edwards

Blackett Macquire Goldsmith

Core Projects









Pitcher Partners


Taylor Construction

Silver Donors

Our Silver Partners



AG Coombs

Altus Group



Blight Rayner Architects

Building Services Engs


Cadigal Office Leasing

Conrad Gargett

Construction Assignments

Construction Consults

Cox Architecture


Fresh Landscapes

Glad Group

Gorman Commercial


Max Cap Group

McConaghy Projects

McKenzie Group

Mitchell Brandtman

Napier & Blakeley

Objective Property


Robert Bird Group

Stamford Capital


Strata Plus

Studio Kate

Taylor Thomson Whitting

TSA Management

Turner Studio


Individuals & Organisations

Individuals & Organisations

Altis Property Partners
Andrew Steventon
Anglo Italian Concrete
Associated Mobile Crane Trucks T&A Cranes
Ausco Modular
Bingo Industries
Brickworks Building Products
Bristile Roofing
City Circle
Coates Hire
Cook Bricklaying
Cooks Plumbing Supplies
David Walker
Denis McConnell
Dunrite Linings
F.S. Home Painting Services
Fender Katsalidis
Grant Thornton
Hadley Insulation
Hanson Construction Materials
HWL Ebsworth Lawyers
Irwin Consult
Josephine Sukkar
Kathryn Page
King Living
Matthew Lenane
McCullough Robertson
Mercuri Building Supplies (M&A Battista)
Mesh and Bar
Morris Goding Access Consulting
Norman Disney & Young
Northrop Consulting Engineers Pty Ltd
Peter Dally
Peter Langham
Piling Systems
PLP Building Surveyors & Consultants
Property Council of Australia
PwC Foundation Trust
Reeds Consulting
Richard Drigo
Root Partnerships
Servcorp Limited
Sika Australia
Skye Excavations
Southern Star Windows
SRD Fire Protection
Stuart Markwell
Temper Zone
The Arc Agency
The Gentleman’s Ball
The Goodman Foundation
Timber Truss
Turner & Townsend
Victor Hoog Antink
Victorian Building Authority
Ware Solutions
WSP Australia
Yarra Valley Cabinet Makers

Financial Snapshot 2021

The Foundation achieved strong revenue growth in recent years with gross income increasing from $3.8m in 2015 to $6.4m in 2019, allowing the Foundation to invest increasing amounts in building homes for homeless youth.

2020 and 2021 have been difficult years with revenue adversely effected by the impacts of COVID-19. Many of the Foundation’s usual fundraising events (regattas, cycling events, sleepouts, etc) were cancelled or scaled back and donation revenue was also at reduced levels. Compared with pre-COVID 2019 revenue of $6.4m, revenue in 2020 was down nearly 40% (to $4.0m) and by over 30% in 2021 (to $4.4m), resulting in the Foundation implementing significant cost saving measures including reducing staff levels and the closure of some offices. The Foundation drew on its financial reserves so that, despite 30% – 40% falls in revenue, investments in charitable projects was only reduced by 19% in 2020 and 2021 compared to 2019.

We would also like to thank and acknowledge Investa for generously providing our Sydney office. We all need a place to call home and this contribution is highly valued.

The tables below provide a snapshot on where charitable funds were invested and the Foundation’s main sources of revenue for 2021.

Where the money goes

How we fundraise

Fundraising events normally account for over 50% of the Foundation’s total revenue and the loss of income caused by the cancellation of normal (physical) fundraising events (Regattas, Balls, Cycling, Sleep Outs, etc) has been partly offset by introducing new virtual events.  These have been very successful and include a 30 Day Fitness Challenge and an end of financial year tax appeal.

With the impacts from COVID-19 decreasing, the Foundation expects revenue for 2022 to be an improvement from 2020 & 2021, although still somewhat below the levels of 2019.  Some events which were cancelled in 2020 & 2021 are being staged in 2022 but on a smaller scale and with less income than prior years.  It is anticipated that revenue will return to normal (pre-COVID) levels in 2023.

Click here for the Foundation’s complete audited Financial Statements for 2021.

A new home for homeless youth

“I think the construction industry in Australia, we have a lot to give back, and we have the resources available - we have the people, we have the talent.”

John Basilisco, NSW State Manager, ADCO Constructions

Our Tangible Solution

The Haven Project

We build homes for well-established youth homelessness charities which then operate them.

At-risk youth

We fund early intervention programs and initiatives that offer new ways to break the cycle of homelessness.

Corporate Volunteering

We offer engagement opportunities for teams to make a house a home.

A unique funding model

pif-50-50-illustration- Logo

We bring the property and construction industry together to build homes for homeless youth.

The Haven Project builds homes for well-established youth homelessness charities which then operate them.

National Board of Directors

Our National Board of Directors; and our Board of advisors in NSW, QLD and VIC are committed individuals, providing a wealth of expertise.
They steer the industry to provide financial and in-kind support so we can make a tangible difference to the lives homeless young people. We thank them for their time, continuous support and generosity.

Penny Ransom


Penny Ransom

Investa Group
Chief Investment Officer

Penny Ransom (Chairman), Investa Group, Chief Investment Officer

Penny is currently the Chief Investment Officer at Investa. Penny leads the Group’s Investment Management business with over $12 billion of asset under management. Penny has sat on the Property Industry National Board since November 2019 and took over as Chair in April 2021. Investa has supported the Property Industry Foundation since 2001.

“I am honoured to be part of the Property Industry Foundation, bringing together strong, passionate and committed industry participants to leverage the expertise and resources of the property industry, together with financial support, to create real tangible positive impact for our homeless youth.”

Steve Gatt


Steve Gatt

(Chair, Board of Advisors NSW)

Steve Gatt (Chair, Board of Advisors NSW)

Steve is a former audit partner at KPMG and led KPMG’s real estate and construction practice for 15 years.  He first joined the Foundation in 1996 and in 2010, created the Tour de PIF, a national fundraising event that sees participants from across the property and construction industry cycle, run or walk to raise funds for homeless youth. He joined the Property Foundation Board in September 2018 and he is also Chair of the NSW Board of Advisors Committee.

“I have been an active contributor to the Property Industry Foundation because I feel the property and construction industry can and has made a meaningful contribution to alleviating youth homelessness. By leveraging our skills, networks, energy and relationships, we can deliver places that homeless youth can call home. These homes provide stability and the opportunity for its occupants to learn, build confidence and have a chance to live out their dreams and make their contribution to society.”

Greg Clarke


Greg Clarke

(Chair, Board of Advisors QLD)
Exceed Capital Pty Ltd

Greg Clarke (Chair, Board of Advisors QLD), Director – Valuation Practice, Queensland Government

Greg is a Director – Valuation Practice, for the Queensland Government. He joined the Property Industry Foundation’s National Board in February 2019. Greg is Chair of the QLD Board of Advisors. Greg continues to support the Foundation from 2014 to the present.

“ The property & construction sectors have the necessary knowledge and personal to reduce youth homelessness & enhance career opportunities “

Peter Inge


Peter Inge OAM

(Chair, Board of Advisors VIC)
Zig Inge Group
Joint Managing Director

Peter Inge OAM (Chair, Board of Advisors VIC), Zig Inge Group, Joint Managing Director

Peter is joint CEO of Zig Inge Group, a multi-faceted investment and operational business focusing on the development and acquisition of a diverse portfolio of property assets. Peter joined the National Board in May 2018 and Chairs the VIC Board of Advisors.

“What attracted me to the Property Industry Foundation was the realisation that it was perfectly placed to leverage off its members and networks to deliver actual ‘bricks and mortar’ housing options to our charity partners who in turn create homes for homeless youth. The impact is real and life changing.”

Daryl Browning


Daryl Browning

Chief Executive Officer

Daryl Browning, ISPT, Chief Executive Officer

Daryl Browning was appointed Chief Executive Officer of ISPT Super Property in April 2005 and is responsible for the overall management of ISPT’s business. Daryl joined the Property Industry National Board in April 2014 and is an advocate for Workplace Giving. ISPT has supported the Property Industry Foundation since 2010.

Jane Fitzgerald


Jane Fitzgerald

Property Council of Australia
Chief Operating Officer

Jane Fitzgerald, Property Council of Australia, Chief Operating Officer

In 2021, Jane Fitzgerald became the Chief Operating Officer of the Property Council of Australia after five years as NSW Executive Director where she led the advocacy agenda at a time of enormous investment and change in the sector. Prior to her appointment, Jane was a senior executive with the Commonwealth Attorney-General’s Department, the Deputy Director-General of the NSW Ministry for Police and chief of staff to two ministers in the NSW Government. Jane has a law degree and an arts degree majoring in politics from the University of NSW.

“As the industry that builds homes – bedrooms – for Australians in every nook and cranny of this bountiful land, we have a unique capacity to shift the dial on reducing youth homelessness. I’m constantly humbled by the generosity of property industry people – from the smallest participants to the biggest players. That’s why I’m proud to be on the Foundation’s board and to be able help Property Council members get involved. My kids have always been able to sleep safely at night. That should be a right and not a privilege for every Australian kid.”

John Kenny


John Kenny

Colliers Chief Executive Officer | Asia Pacific

John Kenny, Colliers, Chief Executive Officer | Asia Pacific

As the Chief Executive Officer for Colliers in Asia Pacific, John leads the company’s enterprising culture and values that includes always doing what is right for Colliers clients, people and their communities. John has been a member of the National Board of Directors since April 2013. Colliers has supported the Property Industry Foundation since 2002 and sponsored the Sydney Sailing Regatta since 2011.

“I have been fortunate to work in the property industry for over 30 years. As one of Australia’s largest industries, employing more than 1.4 million people it is the largest contributor to Australia’s GDP. The industry is full of collaborative and generous people who are used to working together on projects that benefit our community. When that project is for the homeless youth of Australia, the property industry has a competitive advantage to accelerate the solutions in the most efficient way. I am proud of the authentic support that Colliers applies to helping build homes for homeless youth and being part of a collective effort to solve this serious community challenge“

Murray Coleman


Murray Coleman OAM

Macquarie Capital
Head of Development Projects

The Property Industry Foundation Committees

National Board of Directors - Tenure Tracking
Current Directors

CHAIR – Penny Ransom, Investa Group (appointed Chair Apr 21)
CHAIR – Bob Johnston (resigned Apr 21)
Daryl Browning, ISPT
Steve Gatt
Peter Inge OAM, The Zig Inge Group
Greg Clarke, Exceed Capital Pty Ltd
Jane Fitzgerald (appointed Sep 21)
Kathy MacDermott, Property Council Australia (resigned Jul 21)
John Kenny, Colliers
Murray Coleman, Macquarie Capital

Board of Advisors


Steven Gatt, (NSW Chair)
Chris Davis, The GPT Group
Leah Boyd, CBRE
Sarah Hogan, MPA
Simon Gobbo, Parkview
Stephanie Partridge, Goodman Group
Richard Horne, Halesmith Property
Richard Stacker, Charter Hall
Joel Stringer, Lendlease
Jason Vieusseux, Mirvac (resigned Sep 21)


Peter Inge OAM, The Zig Inge Group (VIC Chair)
Antony Blackshaw, Henley Properties (resigned Aug 21)
Bettina Sheeran, Maddocks
Sarah Bloom, Frasers Property
Barry Aarons, Architectus
Wendy Brakey
Daryl Browning, ISPT
Pete King, Victorian Funds Management Corporation
Adele Levinge, Dennis Family Corporation
John Marasco, Colliers
Brian McGovern, CBUS
Andrew Schwartz, Qualitas Property Partners
Tim Slattery, APN Property Group
Craig Whatman, Pitcher Partners
Robert Zeidaks, PwC (resigned Sep 21)
Stella Rosenthal, Monark


Greg Clarke, Exceed Capital Pty Ltd (QLD Chair)
Ineke McMahon, Objective Property Services
Susan Mercer
Michael Rayner, Blight Rayner
Matthew Rollason, Thomson Geer
David Rutter, Kane
Jacob Swan, JLL
Caroline Wallace, BBS Communications
Jen Williams, Property Council of Australia QLD
Salvatore Guardala, Lancini Group (appointed Aug 21)
Kathy Mac Dermott, Property Council of Australia (appointed Aug 21)

Beneficiary Review Committee


Chris Davis, The GPT Group (Chair)
Rowan Griffin, Lendlease
Monica Loeffler, Charter Hall
James Patterson, Cushman & Wakefield
Zoe Robinson, Office of the Advocate for Children and Young People
Mark Sheldon, Group GSA
Jamie Toko, AMP Capital
Samuel Grose, KPMG
Gillian Donaldson, Conrad Gargett


Tim Slattery, APN Property Group (Chair)
Daryl Browning, ISPT
Wendy Brakey
Simon Manley, Hengyi Pacific
Stella Rosenthal, Monark
Craig Whatman, Pitcher Partners
Peter Small, Urbis


Ben Slack, Urbis (Chair)
Jeff Merchant, Norman Disney & Young
Tim Morgan, Cox Architects
Jacob Swan, JLL
Susan Mercer
David Rutter, Kane Constructions
Jen Williams, PCA
Committee dissolved Aug 21 to be reinstigated in 2022

The Haven Project Committee


Simon Gobbo, Parkview Group (Chair)
Robin Chalouhi, Chalouhi
Ashesh Dalal, Sekisui House
Kirsty Edwards, Probuild
Shane Hannah, Mirvac  (resigned Oct 21)
Simon Hensley, WT Partnership
Sophy Purton, Urbis
Paul Reidy, fitzpatrick + partners
Martin Robinson, Lendlease
Vanessa Scrivener, Holding Redlich
Jamie Shelton, Northrop
Shane Strong, Eastern Pacific
Adina Toumi-Cussinet, Laing O’Rourke
Steve Watson, Steve Watson and Partners
Andrew Wilson, AJW Interiors


Monica Fontaine, Built (Chair)
Sarah Bloom, Frasers Property Australia
Daryl Browning, ISPT
Antony Blackshaw, Henley Properties
Wendy Brakey
Monica Fontaine, Built
Peter Inge, The Zig Inge Group
Steve Lee, Growth Point
Adele Levinge, Dennis Family Corporation
Brian McGovern, CBUS
Anthea Savidis
Matt Walton, Hengyi Pacific

Future Leaders Committee


Karl Davis (Co-Chair) (resigned Aug 21)
Jessica Evans (Co-Chair)
Jessica Gould, Construction Assignments
Amy Johnson, EY
Samantha Miller, Dexus (Maternity leave Oct 21)
Jack Newton Core Project Consulting
Luke Ridley, Goodman Group
Greta San-Miguel, CBRE
Lauren Sharp, Architectus
Charlotte Thwaites, Unispace
Priscilla Tran, City West Housing (maternity leave Oct 21)
Eoin Walsh, KPMG
Cameron Gardiner, McDonald’s Australia Ltd (appointed Co-Chair  Oct 21)
Torgan Snelgrove, Rider Levett Bucknall
Meisha Stevens, Stantec
Han Zhang, Brookfield
Victoria Leach, Rider Levett Bucknall (appointed Aug 21)
Clare Coleman, Dexus (appointed Oct 21)
Ron Wong, GPT (appointed Oct 21)
Vanessa Hetherington, WT (appointed Oct 21)


Robert Zeidaks, PwC (stepped down as Chair Jul 21)
Nathaniel Adams, Qualitas
Vanessa Borg, MPA  (appointed Co-Chair Aug 21)
Andrew Borley, Mirvac (appointed Co-Chair Aug 21)
Ashley Duster, Oliver Hume (resigned Sep 21)
Yvonne Chan, Built
James Emery, GPT
Adam Flint, Dexus
Peter Legg-Bagg, Dexus
Calum Macleod, CBRE
Katherine Noden, GPT (resigned Oct 21)
Matthew Stevens, Pitcher Partners
Eamon McErvale, PDS Group (resigned Aug 21)
Tim McIntosh, Colliers International
Sarah Moss, Lendlease
Ani Tuna, Pitcher Partners
Richard Ventura, JLL
Sophie Walsh, MPA (resigned Aug 21)
Sunita Warrior, Maddocks
Sam Wood, Investec
Jordan Lipton, Monark
Lester Powling, Development Victoria (appointed Aug 21)
David Braine, PDS Group (appointed Oct 21)
Luke Moran, K2LD (appointed Oct 21)
Rebecca Saber, Dalton Consulting Engineers (appointed Oct 21)


Maddy Sharp-Doepel, Destination Gold Coast Consortium (Co-Chair)
Josh Clarke, Spyre Group (Co-Chair)
Luke Ackland, CBRE
Libby Cathro, RLB
Luke Chalmers, Chalmers Partners
Kaysten Flory, Generate Property Group
Tryphena Hunter, St Hilliers
Rebecca Hunter, Cox Architecture
Hannah Jonker, Colliers International
Paige Lee, Cox Architecture
Kristina Newell, CBRE
Avril Pretorius, Property Network Australia
Kate Reid, Wilkhahn
Guy Stafford, McGees Property
Amy Tayt, Kane Constructions
Jamie Thorpe, Arete Australia
Kobus Van Der Vyver, Hatch