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Renico Construction (Pty) Ltd.
EMAIL NEWSLETTER - Aug 2016
Message from the Managing Director

Dear Friends, Property Investors and Property Enthusiasts

It is with great excitement that I announce that the format and distribution of our newsletter is changing. With our high level of construction and website activity, we have noticed that our loyal supporters occasionally miss out on new launches and investment opportunities with a newsletter published only on a quarterly basis. From this issue forward you will be receiving a MONTHLY newsletter sent directly to your desktop! You will find the monthly editions user-friendly and substantially shorter as we attempt to find a balance between satisfying your craving and curiosity for property news without overloading you with... See More

Featured Residential Developments

The past 3 months have been filled with activity, and we are now seeing the phenomena of large single buyers, corporate businesses and property funds investing in residential rental stock.

Ponders End, our 186 unit development in Helderkruin, was successfully transferred to end users in June of this year. Selling fast is our current 150 unit Park Royal development in Wilgeheuwel (now under construction) conveniently situated up the road from the new CURRO School (where we have been contracted to commence with the earthworks). CURRO Wilgeheuwel plans to open its doors in 2017.  Other current developments under construction are Hadley Wood in Fairland and Brandi Ann in Ruimsig where the public interest and subsequent sales are increasing in direct proportion to the progress being made on site!

New residential development in the heart of Fairland
After completing the popular Woodlands residential estate it has taken us more than a year to return to the leafy suburb of Fairlands. Our Hadley Wood development will comprise of 10 free standing duplex homes. ...

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Apartment Block in Blackheath
Construction of the second and final phase of the Krimanshof Residential Estate was completed during June 2016. All 24 units ...

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Residential Estate in Vanderbijlpark
The Riverspray Lifestyle Estate is situated on the banks of the Vaal River in Gauteng. The established estate is already ...

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Affordable Housing

Our Protea Glen Manor complex, consisting of 102 units, is now fully let.

The long awaited Crystal Park development, where we are partnering with Old Mutual, is also gaining momentum. Work on the Ascot site, comprising 202 rental units, is now commencing. Various other sites, and single homes are being built in Crystal Park on the East Rand, and we are excited to be partnering with Old Mutual on these and other developments. 

New low maintenance residential estate in Crystal Park.
Ascot is our first development in Crystal Park, Benoni. The residential estate will comprise of 202 simplex homes which will all be let to tenants upon completion. The security estate will offer a number of 2 bed, 1 bath as well as 3 bed, 2 bath homes all fitted with ...

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Featured Commercial and Industrial Developments

We are now on the final leg of our Aero Park development within the Lanseria Corporate Estate. This complex has 6 warehouses, each 1550m² in size including office space. All the warehouses will be let on completion with occupation set for 1 September 2016.

Future Packaging and Machinery took occupation of our 10,500m² Laserpark X36 building on 1 July of this year, and Mpumelelo has bought the new 1737m² building being constructed on Erf 215 Laserpark X30!

Industrial Developments
Industrial Development in Kliprivier
New warehouse/ factory built to the owners specifications. The unit will be available to rent upon completion.

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Retail Developments

Chicken Express (with its first drive-thru offering) took beneficial occupation of their new premises in Cosmo City Shopping Centre on 1 July this year. We still await our site and trading licences for a new TOTAL Filling Station within the same complex. Once obtained, this last phase of development within what is proving to be a very successful Shopping Centre will commence.

We also await the licences that will enable us to commence with the construction of the TOTAL Filling Station at our Vyfhoek Shopping Centre in Vyfhoek, Potchefstroom. This will be our first retail development there, but we will then move on to construct the rest of the Shopping Centre. 

Latest News
South African property sector is worth a whopping R5.8 trillion

The South African property sector is worth a whopping R5.8 trillion according to results from the latest study undertaken to determine the size of the country’s property sector.

The Property Sector Charter Council on July 12, 2016 released reviewed market size estimations that provide a snapshot of the South African Property Sector using figures from the financial year 2014/2015.  

It reveals the property sector’s size at R5.3 trillion with a further...

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Launching Shortly!

Our Lucca complex in Potchefstroom, Tlokwe, comprising of 89 low maintenance units set within a secure estate – all of which enjoy many cost saving features - is coming onto the rental market as from 1 September 2016. Rentals there will range from R 5 900 to R 6 500 per month. 

Latest Listings
R135 per m²
374m² Office To Let in Constantia Kloof
First floor office space overlooking the tranquil lake next to the office park. The fully fitted office space is available ...

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R1,960,000
3 Bedroom Cluster For Sale in Ruimsig
Currently under construction and well on track to be ready for occupation on the 1st of September 2016. The cluster ...

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Regards
RENICO Construction (Pty) Ltd
Tel 011 794 1177
Fax 011 794 1159
Email info@renicoconstruction.co.za
WWW.RENICOCONSTRUCTION.CO.ZA
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