This is
Quintin Rossi
Chief Executive Officer
Spear REIT limited
And…
This isNicky Chetty
National coordinator
Women’s Property Network
Quintin likes to
Invest in high-quality, income-generating real estate
Maximise
business growth
Do social goodAs part of the private sector, their main objective is to run a profitable business, but also contribute to the social good of the country.
Nicky likes to
Create and develop meaningful networks
Introduce more women into the property industry
Develop and advance women’s careers
As part of the non-profit sector, WPN’s main objective is to drive social change, but also remain financially sustainable.
Together, they have partnered to achieve their goals.
This is where
comes in
In 2019, while investing in solar PV technology across their properties,
Spear REIT decided to join the Donate Your Roof programme to take
advantage of unutilised roof space.
Without additional capital expenditure, they converted solar energy into donations for Women’s Property Network.
Through Donate Your Roof both Spear REIT and Women’s Property Network
were able to accomplish their goals.
How It Works
Step 1
Private individuals invest in solar panels through FedGroup’s Impact Farming app, providing the capital for the hardware and installation.
Step 2
Donate Your Roof’s solar partner,
Emergent Energy, uses the private
investment to design, install and operate
the solar PV system on the roof of any
commercial/industrial properties.
Step 3
The business consumes the solar energy generated by their roof.
Step 4
They receive a monthly rental income for leasing their roof space.
Step 5
The roof rental revenue is donated to charity.
The Upside
Saves time and money:
Donate Your Roof supplies the upfront capital through privately funded solar panels, and installs them for you. All that’s required of you is the leasing of your roof space.
Environmentally friendly:
You’re reducing carbon emissions through green energy.
Social good:
The money you generate can change the world, one initiative at a time.
Better business:
By donating your roof space you can improve your BEE scorecard, reduce taxable income and increase property yield.
DYR & Spear REIT in Numbers
Quintin and his team donated the 1002m2 roof space of their Radnor Road property
308
solar panels fitted
139 740 kWh
generated a year
R7663
Generated a month
R4 005 000
of accumulated donations over 20 years
How WPN Used
the Funds
Nicky and her team used these donations to award Anele Nkosi a bursary. She used the funds to complete her 2nd year of a Bachelor of Architecture*.
Over the course of the next 20 years, many powerful women will go on to change the property industry. Thanks to Spear REIT and Donate Your Roof, Women’s Property Network will have the resources needed to help women study and develop their careers.
For organisations like Women’s Property Network, Donate Your Roof is an attractive fundraising tool to:
Remove the fundraising burden
from private-sector partners
Add independence and flexibility
to the NPO business model
