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Affordable Housing Lifestyle Estates Memorial Parks

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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R6.2bn housing project for Gauteng

Cape Town - Calgro M3 on Tuesday announced a multi-billion rand housing project in Gauteng that is set to bring estate living, long the preserve of wealthier South Africans, within the reach of lower income earners.

A statement from the Johannesburg-based developer said construction would soon start on the R6.2 billion housing project. Yet, unlike most other self-contained estates and housing developments, Leratong City targets previously disadvantaged people and lies in a previously disadvantaged township…

Calgro’s projects get set to deliver

The uncertain economic environment will not deter integrated housing developer Calgro M3 in its efforts to expand its project pipeline.

On Monday Calgro released impressive interim profit numbers with headline earnings per share increasing 30% to 66.5c for the six months to end August. Revenue rose 39% to R573m.

More critically, the company reported a more than R19bn project pipeline with a dozen active projects "in the ground" that were set to start generating…

Calgro patient with new venture

By Roy Cokayne , www.iol.co.za Johannesburg - The new business venture by Calgro M3 Holdings, focusing on the development of private memorial parks, was expected to make some contribution towards the listed affordable housing developer's year-end financial results.

The venture failed to make any material contribution to the financial results of the group in the six months to August, but Calgro chairman Ben Pierre Malherbe stressed that setting up a new business…

Calgro M3 HEPS up almost 30%

Interims to end-August 2015. ‘We’ve got 12 projects all contributing towards revenue – Ben Pierre Malherbe – CEO, Calgro M3

SIKI MGABADELI: Hybrid property developer and construction company Calgro M3 reports strong interim results despite the tough trading environment in the six months to end-August. Calgro reported a 29.98% rise in headline earnings per share to 66.25c. That’s compared with the year earlier period. And the board said its main focus during the period…

Calgro M3 shrugs off trough trading environment

by Coleen Goko, www.bdlive.co.za

HYBRID property developer and construction company Calgro M3 on Monday reported strong interim results despite the tough trading environment. In the six months to end August 2015, Calgro reported a 29.98% rise in headline earnings per share (HEPS) to 66.25c compared with the year-earlier period, while revenue climbed 39.10% to R573.1m.

The board said its main focus during the period under review was the…