COVER STORY
The rest is history . There are two other properties under the Brönn portfolio and a longstanding relationship with The SPAR Group . Brönn ’ s son , Gerdus Brönn , plays a crucial role in the day-to-day management of the properties under their care , bringing a fresh perspective and dynamic approach to the business .
“ From my side , a special note of thanks must go to my son , Gerdus , for his instrumental role in the success of the New Boston Centre project , as well as to my wife , Marlene , family and friends for advice and emotional support ,” adds Brönn .
Brönn further notes that there has already been an influx of enquires and lease applications . “ We have Revo Property onboard as our property and rental management company , where the units are currently 50 % let - and with the last few units expected to be completed by the end of November / December 2023 all residential units are expected to be 100 % let by the end of the year , or January 2024 .”
Matthew McWilliams , COO of Revo Property comments :
“ We have been impressed by the efficient pre-letting of the residential component prior to work completion and the high calibre of tenants now residing in the building , which are primarily medical professionals and students . Due to the resounding success of the residential and retail area components , we are bound to see a further surge in additional investment in this rapidly growing node of Belville .”
Velda Derrocks , Regional Manager for the Cape Region , says : “ Boston Centre stands as a testament to what can be achieved through collaboration , strategic investment , and a shared vision for urban regeneration . TUHF is proud to be part of this transformative journey , marking another milestone in our ongoing commitment to revitalising inner cities across South Africa .”
“ Ultimately , without TUHF , none of this would have been possible . They have been great at understanding me as an entrepreneur and as an investor . And this project has been a significant learning curve , but a wonderful experience all at
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23 MARCH 2024 Real Estate Investor Magazine