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Renico Construction (Pty) Ltd.
EMAIL NEWSLETTER - Feb 2018
Message from the Managing Director
Dear Friends, Property Investors and Enthusiasts,

2018 is well and truly on its way! Since my previous newsletter the ANC have elected a new president who will most probably also serve as the country’s next president. He definitely has his work cut out for him as all South Africans are looking to him for positive change!

During January the Reserve Bank’s Monetary Policy Committee took a bearish stance on the repo rate by keeping it unchanged at 6,75%. This came as a surprise to a large sector of the property industry as a 25 basis point reduction was expected.  The Committee’s decision was mainly based on the uncertain economic... See More
Featured Residential Developments
Shortly after securing the NHBRC enrolment certificates to our Sardinha Park project in Wilgeheuwel our specialist contractors moved onto site to commence with the raft foundations. The first surface slabs have already been poured and the homes will rise from the ground within the coming weeks. Once construction is at full speed the occupation date will be assessed and might have to be amended slightly. Sales have already passed 30% and we have experienced an up-tick in interest since construction commenced. The simplex homes, with walled and pet friendly gardens, have proven particularly popular within this development.
New residential Complex in Wilgeheuwel
Sardinha Park is Renico Construction's next residential development in Wilgeheuwel, Roodepoort The security complex will offer a number of apartments as well as pet friendly simplex units. All units will offer two bedrooms with two ...

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Affordable Housing
The 177 unit Brentwood security complex in Cosmo City was fully let within a brisk 3 month period. The project has proven to be so successful that I have already acquired another residential site within Cosmo City to construct yet another similar housing development for the rental market. Watch this space for more info on this development!
New apartment block in Cosmo City
This is one of the most exciting residential developments seen in Cosmo City. The Brentwood security complex offers 176 North facing apartments. The fully tiled units offer 2 bedrooms, bathroom, lounge with open plan kitchens. The complex is situated on South African Drive with quick access to public transport. All ...

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Featured Commercial and Industrial Developments
One of our Earthworks and Civils teams moved onto our Eagle Canyon Office Park project at the beginning of the month. A great deal of civils work needs to be done before our construction teams can move onto site as the building will boast a extensive basement area to accommodate most of the parking. Regular updates on the site will be posted on our website. As mentioned before this building will most definitely become a landmark in the area. 
Commercial Developments
A Grade Office Space in Randburg.
Construction to the Eagle Canyon Office Park development will commence early in 2018 with the date of completion set towards the third quarter of 2018. The modern design is not only aesthetically pleasing but also allows for the maximum amount of natural light to reach the building. The circulation of ...

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Latest News
A New Years Resolution: Time to Get Financially Fit.
January is a time for implementing New Year’s resolutions. With that in mind, it would be wise to make a plan to kick bad financial habits so that your home ownership dreams can come true.

The holidays are over and many South Africans are waking up to the sober reality which January always seems to bring. It’s the time of year when the costs of the Christmas festivities are trickling through, annual policy increases are beginning to kick in and back to...
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Launching Shortly!
Our first residential project for 2018 will be launched in my next newsletter. The development is situated in Barbeque Downs, one of the fastest growing areas in Johannesburg and in close proximity to the iconic Kyalami Racetrack and the Mall of Africa. The 88 unit sectional title development will offer a number of one, two and three bedroom apartments with luxury finishes.
Latest Listings
R9,750 pm
3 Bedroom Cluster To Let in Honeydew
Simplex cluster within the Villa Nirvana security estate. The home offers 3 tiled bedrooms, 2 bathrooms with main-en-suite, tiled lounge/ ...

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R55 per m²
2,157m² Warehouse To Let in Kliprivier
Fairly new warehouse within the expanding Kliprivier Business Park. The area is earmarked as the next major growth node in ...

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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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