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Renico Construction (Pty) Ltd.
EMAIL NEWSLETTER - Jan 2020
Message from the Managing Director
Dear Friends, Property Investors and Enthusiasts,

As 2019 is quickly drawing to and end, most South Africans are planning on how they will be spending their Festive Season. The past year was by no means an easy one and I predict that at least the first half of 2020 will be much of the same. In the coming weeks there are a few critical decisions that need to be made by the ruling party with the first one being the future of the ailing SAA. This will most probably also set the benchmark for the way in which the other struggling SOE's will be dealt with in future.

I would like to take this opportunity to thank all our loyal customers, employees, suppliers and contractors for their... See More
Featured Residential Developments

We have seen a lot of progress at our Finsbury development with the brickwork of all 37 homes already standing above ground level. This after construction only commenced a month ago! As there are both simplex and duplex homes being built, we will see the first roof structures being erected early within the New Year.

A completed and furnished show unit at our Studio @ 367 in Ferndale, Randburg is also ready to be viewed. I am also proud to announce that the occupation date of all 91 apartments has been brought forward by a calendar month to the 1st of February 2020.

We have also broken ground at our Weltevrede project within the De Land Estate in Potchefstroom. The Estate exclusively caters for the retirement market with the inclusion of a fully-fledged frail care centre. Our development specifically caters for the 55+ year old client who finds himself in the cycle of downscaling. Engel & Völkers Potchefstroom are our appointed brokers and they may be reached on 018 297 5777 if you would like more information on this development.

At our Chessington development in Dawn Park, Benoni, construction is also well on track. Here we plan to have all homes' surface beds done before the end of next week. This development has generated a lot of interest from prospective clients and we hope to secure a number of sales within the coming weeks.

Our show unit at the The Linden project in Randburg was also recently completed and we are in the process in having the apartment elegantly furnished. This is our first multi-residential development where we have fitted luxury finishes as standard and I am positive that it will be well-received by the market.

Brand new residential development in Linden
You will find this exciting new development in the heart of Linden opposite the sports fields of Louw Geldenhuys laerskool. Construction to the 51 unit sectional title development has already commenced with the planned completion ...

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Latest News
Something has happened in South Africa's housing market not seen since 2011


The latest FNB Residential Property Barometer for September showed a slight improvement in transaction volumes alongside mortgage advances.

The FNB HPI remained steady in August, at 3.6% year-on-year, said FNB economist, Siphamandla Mkhwanazi. Year-to-date nominal house price growth remains around the 3.5% y/y mark, largely similar to the 3.6% y/y recorded in the same period in 2018.

The eThekwini metro continues to over-perform, supported by booming developments in the North Coast...
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Launching Shortly

We have a number of exciting residential, commercial and industrial developments planned for 2020 with the first of the developments being launched early next year. Once again all clients who have registered on our website will be the first to hear of our latest launches.

Latest Listings
R1,750,000
2 Bedroom Apartment For Sale in Hyde Park
Become a property owner in Hyde Park, Sandton! This home is one of 26 apartments within the recently completed development ...

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R50 per m²
9,489m² Warehouse To Let in Laser Park
Premises ideally suited for a distribution centre or storage facility. The easy accessible site offers excellent access control measures with ...

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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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