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Regatta powers on to raise over $430,000 to build homes for homeless youth

Regatta powers on to raise over $400,000 to build homes for homeless youth

NSW

The Property Industry Foundation’s 2019 Charity Yachting Regatta, sponsored by Colliers International, rode a wave of industry support on Sydney Harbour today, raising in the vicinity of $430,000 to contribute to the homes it is building for homeless young people. Over 1,300 people participated with 85 boats taking to the water.  

Kate Mills, CEO, Property Industry Foundation, said the Regatta is the Foundation’s biggest event and each year boosts the capacity of the organisation to reduce youth homelessness. 

“Our core goal is to build 125 bedrooms by 2021 and funds raised at this year’s event will be a massive boost to that goal,” she said. 

“People see homeless young people on the streets of Sydney every day and are keen to make a difference and the Regatta is a fantastic way to do that.” 

Sailing prize winners

The Bob Ell Cup was won by KPMG sailing on Maserati. The winner of the cup each year is drawn from among the yachts that place first in each division. 

Shemara Cup was won by Avid Property Group sailing on Sydney. This prize is awarded each year to the yacht that completes the course in the fastest time. 

To see a complete list of winners on the day, click here.

Raffle prize winners 

Click here to see the list of raffle winners.