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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.

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Media releases

May 13

Calgro M3 positions the group for growth, despite challenging market conditions

Highlights: Remained a Level 1 B-BBEE contributor, cash generated from operations R298 million, 4 436 units sold – construction to commence - R 1.7 billion excluding VAT, conservative management estimated valuation of an additional R1.4 billion in tangible asset value locked in the balance sheet (Excluding joint venture interest and discounted by 30%), in addition, excludes 630 000 m2 commercial, industrial and retail land

Shareholders diary

28 February

13 May 2019

22 October 2019

28 June 2019