Real Estate Investor Magazine March 2024 | Page 45

TUHF
Looking ahead and pending approval from the City of Cape Town and availability of funds , Brönn also has his sights on developing penthouses on the roof . Furthermore , once the building has been fully let and the electricity demand / consumption can be measured to determine the business case , Brönn is considering a potential future solar installation on the roof of the building and the external parking bay structures with a micro grid to build power resilience into the development , along with other potential engineering interventions , that will offset the buildings power demand and carbon emissions .
Brönn is a seasoned entrepreneur with a rich history in property development and franchising , where he cut his teeth in business running a restaurant in Secunda in the late 90s . At that stage he had to decide either to buy the building or sell the business . He made the decision to begin a new life in Cape Town where he opened a service station in Belhar and ran it for 15 years . He used the profits to begin investing in further properties .
“ I got involved in a block of rental flats in Strand and saw the opportunity in low-income areas and began building up a portfolio of commercial properties . I then had the opportunity to buy the Kensington Shopping Centre , which was run down . I cleaned it up , made it safe , and beautified it . I am passionate about taking something overlooked , restoring it and giving it new purpose ,” says Brönn .
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