Prasa Launches New Student Housing in Braamfontein

Summary:

  • Prasa has launched a 700-bed student residence in Braamfontein, Johannesburg, repurposing a 12-storey building to provide affordable, secure housing for students from nearby universities and TVET colleges.
  • The project is a collaboration between Prasa’s property division, Intersite, and the Elevated Fund, focusing on utilising Prasa’s unused buildings to generate revenue and support local communities.
  • The residence offers comprehensive amenities including study and computer rooms, gym, rooftop sports facilities, biometric access, and 24-hour security, and currently accommodates over 500 students, aiming for full capacity by January 2026.

Original article:

https://www.sabcnews.com/sabcnews/prasa-opens-doors-to-new-student-accommodation-in-braamfontein/

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