Real Estate Investor Magazine March 2024 | Page 135

CASE STUDY
earmarked for development .
Understanding the imperative of aligning investment strategy with organisational values while fostering a competitive edge , Kaborona introduced ' Power Park Digz .' This ambitious initiative aims to establish the largest offcampus sanctuary for students within close proximity to the University of Johannesburg ' s Soweto Campus .
Commencing in early 2019 with land acquisition , the project gained momentum as the dedicated project team broke ground later that year . However , unforeseen challenges emerged with the onset of the global pandemic , disrupting project timelines and impeding cash flow .
To overcome these obstacles and ensure timely completion for accreditation ahead of the 2021 academic year , securing funding became paramount . The partnership with the Gauteng
67 MARCH 2024 Real Estate Investor Magazine