Renprop Logo

Company Profile

DIVERSITY. DISTINCTION. SOLUTION-DRIVEN.


MISSION

We are what we do for the benefit of our people, our partners, and our clients.

VISION

DIRECTORS

Chris Renecle (BCom. Hons.)

Chris Renecle, MD of Renprop, completed his B. COMM HONS (Wits and Unisa) in 1990 and undertook his articles at Ernst & Young. In 1992 he joined Renprop as the financial director, and in 1993 was appointed managing director. Under his leadership, the company has transformed from being a traditional real estate agency to one of the largest providers of residential property in South Africa. Chris has also actively diversified the company to offer services in various aspects of property including commercial property broking, property development, development sales, property management, residential rentals, residential sales, and gap housing among others. This diversity makes Renprop a one-of-a-kind property services company.

Stefan Smit (CA. SA.)

2023 – Joined Renprop as Financial Director

DIVISIONAL MANAGERS

Chris Renecle - Residential Projects & GAP Housing

Debbie Justus - Residential Sales

Sheree Von Widdern - Residential Rentals

Chris Renecle - Commercial Developments & Brokering

Chris Renecle - Student Accommodation

John Holding - Property Management

MILESTONES

1983

Renprop was initially established as a traditional real estate agency and operated as such for many years.

1999

In a bid to diversify its operations, Renprop formed its commercial broking division to source development land and market commercial developments.

2000

From 2000, Renprop undertook joint ventures with Vlaming Construction and Devcon (Pty) Ltd to develop both residential and commercial property opportunities.

2011

Renprop started to develop medium and high-rise apartment buildings in the Rivonia and Sunninghill precincts.

2013

Renprop’s residential resale division was launched. Comprising a team of experienced consultants, this division extends the brand’s footprint within the wider Johannesburg real estate market.

2014

Renprop started, to market and develop land it acquired in Rosebank, and launched The Vantage, The Tyrwhitt, and The Median apartment blocks.

2015

Renprop entered a joint venture with Octodec on the 180-apartment Manhattan development in Sunninghill, which is operated as a pure rental scheme. Renprop also entered a joint venture with Lodestone on The Prism, a 164-unit scheme in Rivonia.

2016

The property management division has grown exponentially, and its highly skilled and competent team manages several residential rentals, facilities management contracts as well as runs the full house of property management services.

2020

Renprop launched their first student accommodation (465 beds) in Parktown (Commercial office building conversion) to facilitate the shortage of student accommodation in the area, facilitating students who are enrolled in WITS, UJ, Donald Gordon Medical Institute, WITS Business School, and many other institutions of study in the area. The accommodation is accredited by WITS, UJ, and NSFAS, as well as accepts bursary students.

2021

Renprop started 2021 with a record high of over 250 leases closed in 3 months between December 2021 and February 2022. Renprop also acquired its second student accommodation premises (3 commercial office building conversions) in Parktown (806 beds), occupation 2023.

2022

Renprop acquires another 2 premises for student accommodation, one in Parktown Johannesburg (178 beds), and then expanding to Hatfield in Pretoria (365 beds), totalling 1800 student accommodation beds overall.


DIVERSITY IN STRUCTURE

As one of the largest providers of residential property in South Africa and the only multi-faceted property services company in the country, Renprop operates multiple integrated divisions within the real estate realm.

These include residential and commercial property development projects, residential property sales, residential property rentals, commercial broking, property management in both the residential and commercial arenas, and gap housing.

PROPERTY DEVELOPMENT

Renprop has been one of the most prolific providers of sectional title residential property in the northern suburbs of Johannesburg in recent years. Renprop’s developments are ideally located in key business hubs and surrounds, stretching from Rosebank and Sandton to Rivonia, Paulshof, Bryanston and Douglasdale.

Renprop has undertaken a variety of developments from high-rise apartment blocks and high-density sectional title developments to exclusive townhouse complexes and pure rental schemes. Renprop develops these properties on a joint venture basis with its partners.

Renprop has also undertaken several successful gap housing projects around the country. As demand continues to outstrip supply in the entry-level housing segment of the property market, pent-up demand for these kinds of homes across the country continues to rise. It is for this reason that Renprop has made gap housing one of its strategic focus areas.

RESIDENTIAL DEVELOPMENT SALES

Renprop’s Residential Development Sales division is responsible for the marketing and sales of the new sectional title lifestyle developments that are developed by Renprop in conjunction with its joint venture partners. In addition, this division also undertakes the marketing of residential developments for other developers.

As sectional title sales specialists, Renprop’s Residential Development Sales division can seamlessly handle full product/project, marketing development, sales and re-sales, product launches including advertising, promotion, and PR, as well as full sales administration.

RESIDENTIAL SALES

Renprop Residential Sales provides a fully integrated approach to the resale property market. As market leaders in the property arena, the highly committed professional sales team offers sellers cutting-edge advantages, superior service, and a wealth of trusted property knowledge.

One of the many added-value services Renprop Residential Sales offers its clients is assisting buyers with the facilitation of bond finance, and acting as a professional liaison between the seller, buyer, conveyancing attorneys, and other necessary parties until transfer takes place.

RESIDENTIAL RENTALS

Renprop’s Residential Rentals division offers a holistic solution from administration and marketing functions to rental sourcing; professionally assessed and qualified leases, collection of deposits and rental fees, creditor payment, maintenance, and litigation, among others

The integrated, end-to-end rental management service offering includes:

Who is using Renprop?

Thousands of landlords save time and money each month by allowing our dedicated team to manage their properties:

COMMERCIAL/INDUSTRIAL BROKING

Renprop’s Commercial Broking division provides a wide spectrum of broking services designed to maximise the value of any commercial real estate asset. Renprop Commercial Broking offers a property consulting and advisory service ranging from the smallest lease to the largest development.

Renprop Commercial has grown over the years and now operates within 10 high-density, prime areas in Gauteng. Aside from its development division, Renprop has good relationships with blue-chip property funds and therefore has access to a wide range of commercial, retail, and industrial stock.

This division also specialises in sourcing premises within South Africa on behalf of international clients.

Renprop’s Commercial Broking division offers a service, which includes:

Highlights of services include:

General property consultancy and advisory services ranging from the smallest lease to the largest development.

Sourcing of land development opportunities using best practices,, location planning, and site selection criteria.

Building close relationships with developers, listed funds and private sector investors.

Design, package and implement “investment-grade” packages, assisting clients to invest in or benefit from any real estate interest. Acting as facilitators for key role players, such as developers, investors or syndicates.

Specialist activities include lease structuring, discounting, cessions, renewals, and lease negotiations on an individual or portfolio basis. Tenant or landlord negotiations on a “fair rental package basis” are entered into, as well as tenant installation requirements are planned and coordinated.

The planning and execution of strategic, marketing techniques to support any commercial activity.

Recent deals concluded with various tenants and landlords include:

China Construction Bank – Sandton (Sale)

STUDENT ACCOMMODATION

Renprop has diversified even further by including Student Accommodation in the matrix, under the brand Campus Central – www.campuscentral.co.za.

Partnering with Caliber Properties, we currently have two campuses in Parktown totaling 1,271 beds, with more campuses ready for occupation in 2024, totaling 1,814 beds.

Renprop handles the full end to end process:

Marketing

Student onboarding

Student management 

Rental collection and financial reporting

Full building and facilities management

The marketing strategy is focused and continuously optimised to meet the ever-changing and very sensitive timing of student and guardian behaviour, which is based on many variables including results to bursary and NSFAS grants to time of the year. Marketing is a strategic mix, maximising exposure, including:

We have developed a full onboarding system digitalising all aspects of the process:

Dedicated residence managers live at on campus, hired and trained by Renprop. Their role includes:

Student liaison and well-being

Communication with universities on student affairs

Arrangement of student events

Day-to-day student and building management 

This is key to the smooth running of the building and maintaining the student relationships, a crucial value add in today’s market and world. Property and facilities management is handled by our Property Management Division, allowing us to maintain control of the building both physically and financially. 

PROPERTY MANAGEMENT

Renprop’s specialised property management division manages both commercial and residential developments and performs both administrative and facilities-management functions with a high level of personal service.

All sectional title portfolio managers have successfully completed the UCT Sectional Title course presented by sectional title specialist company Paddocks. Registered with the Estate Agency Affairs Board (EAAB) and backed by acknowledged experts in the field. 

Portfolio managers enjoy regular updates on changes in Sectional Title legislation. Renprop is a proud member of the National Association of Managing Agents (NAMA)

Currently, the division manages approximately 10,000 units, in excess of 100 sectional title complexes, and 32 commercial parks.

As part of its service, it provides a full set of accounting records including:

GAP HOUSING - Urban Housing

This division of Renprop is a specialised marketer and administrator of new home sales in the lower end of the residential property market throughout South Africa.

Urban Housing has sold in excess of 2 300 nationally, in the past 6 years, in this specific residential sector.

Urban Housing is dedicated to making homeownership more accessible for entry-level to mid-income earners, as defined by the Financial Services Charter.

BENEFITS OF DEALING WITH RENPROP

To date, Renprop has developed more than 9 000 residential units in excess of R7-billion and more than 89,000m² of 

commercial and industrial property to the value of R 1.2billion.

THE COMPANY

THE MANAGEMENT

THE PEOPLE

SAFETY

THE PRODUCT

SERVICE

CONTROLS

COMPANY MEMBERSHIP OF PROFESSIONAL ASSOCIATIONS AND INSTITUTES

The Courtyards, 32 Peter Place, Lyme Park, Bryanston | P O BOX 2489, Cramerview, 2060 | 011 463 6161