011 300 7500 | 0861 CALGRO (225 476)

Homes Memorial Parks REITRetirement Estate

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.

Contact us

Projects to boost Calgro revenue

CALGRO M3, a builder specialising in Reconstruction and Development Programme (RDP) housing on Friday announced it had begun its South Hills and Belhar Projects to add another boost to the group's revenue.

Calgro's overall pipeline is worth about R17bn. Most of the projects within it should be realised in the next six years. This means annual revenue will breach the R1bn mark, CEO Ben Pierre Malherbe said.

Its share rose 3.13% to R9.90 on Friday…

PRO PICK: Calgro M3 fills the pipeline

As arguably one of the most challenging years draws to an end, few South African companies are feeling festive, with most entities disappointing on profits as a result of anaemic growth conditions, a highly indebted customer base and disruptive strike action.

While this has led to a renewed call for diversifying offshore, Calgro M3 continues to fill its pipeline with local projects. The company has been one of the big winners over the past five…

Mayor to unveil R2 billion residential development

Johannesburg Executive Mayor Cllr Mpho Parks Tau will tomorrow (Tuesday November 11) unveil a R1.95 billion mixed residential development in South Hills, southern Johannesburg, in a move aimed at reversing apartheid's spatial planning and integrating communities.

On completion about six years from now, the development – in Region F, near Rosettenville – will consist of a total 5 306 housing units.

Undertaken in partnership with Standard Bank and developer Calgro M3, the 199ha development…

Craig Martin on Calgro M3, a 27-bagger with more to come!

Calgro M3 Holdings Ltd (CGR) is a small-cap company in that is listed under the "Construction & Materials" sector of the JSE, which is enough information to have many investors shy away from the investment. However, they would have missed out on arguably one of the best performers on the JSE over the past four years. In April 2010, Calgro could have been picked-up for around 31c a share, today it trades at between 830-840cps.…

Calgro M3 'entering growth phase'

CALGRO M3, a builder specialising in Reconstruction and Development Programme (RDP) housing, said on Monday it was entering a growth phase and had been given an R812m project appointment in Namibia, its first venture beyond South Africa's borders.

In South Africa, Calgro said its development pipeline had increased beyond R17bn in the full year to February 2014 and this enhanced its possibility to grow profits. Calgro CEO Ben Pierre Malherbe said after the release of…