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Calgro M3 is the developer of choice in selected markets through the consistent delivery of homes, rental units and memorial parks of the highest quality.

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Calgro lauds strong order book in reporting period

CALGRO M3, a builder specialising in Reconstruction and Development Programme (RDP) houses, grew its headline earnings per share 26.96% to 40.16c in the six months to August, the group reported on Monday.

Group revenue climbed 8% to R434.6m.

CEO Ben-Pierre Malherbe praised Calgro M3's ability to maintain a strong order book during the reporting period.

Mr Malherbe said there had been increased activity in the installation of civil and electrical infrastructure overall…

Scottsdene families celebrate as City hands over keys for new subsidised houses

As part of the City of Cape Town's efforts to create integrated and sustainable communities across Cape Town, the City today handed over keys to families as part of the Scottsdene Housing Project.

83 Scottsdene families today received keys to the first completed subsidised houses of the R4 million Scottsdene Housing Project from the City of Cape Town's Mayoral Committee Member for Human Settlements, Councillor Tandeka Gqada.

These families are the first recipients to benefit…

Calgro M3 grows its pipeline of projects

Calgro M3 Holdings had grown its secured pipeline of projects to more than R10 billion in the year to February from R8bn in the previous year and created more than 5 000 direct new sustainable job opportunities, the listed affordable housing developer said yesterday.

Ben Pierre Malherbe, Calgro's chief executive, said the company had been able to create these new jobs through the group's policy of using local labour and conducting skills training on site.…

Minister Tokyo Sexwale launches unique housing development – Investors take note

One of South Africa's top affordable housing developments, the Fleurhof Integrated Human Settlement Development in Florida, Gauteng, will on Thursday be officially launched by Human Settlements Minister Tokyo Sexwale.

Fleurhof has been recognised as a prime example of the social impact that successful collaboration between private and public partners can make, while it has already attracted the attention of the international investment community. The R2.8 billion project, started in 2009, will ultimately include more than…

New look for Jabulani

The Jabulani Community Residential Units Housing Project was launched by the minister of human settlements, offering almost 2 000 new homes.

HE Jabulani precinct, a mere concept just a few years ago, is fast becoming a reality. The latest initiative to be launched is the Jabulani Community Residential Units Housing Project. Minister Tokyo Sexwale and Deputy President Kgalema Motlanthe launch the Jabulani housing projectThe R487-million community housing and RDP development was launched by Deputy President…