Calgro M3 encourages all South Africans to adhere to the rules of the lock down and keep safe and healthy. We are thinking of everyone in this time.
For more information on COVID-19 in South Africa, please visit www.sacoronavirus.co.za

info@calgrom3.com

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 and memorial parks of the highest quality.

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Calgro M3 dramatically improves cash generation and reserves, and heads back to profitability

Highlights:

  • Cash generated from operations R464.2 million
  • Headline earnings per share increased by 108.7% to 1.77 cents profit per share
  • Cash on hand of R255.1 million

Summary of the year:

  • Excellent cash generation and balances at year-end
  • Group returned to profitability
  • Enhanced focus on efficiencies and sales in the Memorial Parks business
  • Outsourced construction function without compromising margin
  • Frankenwald development secured (three-year option period remaining)
  • Construction of Fleurhof and South Hills sub-stations…

Calgro M3 donates sanitisers to those in need at its Fleurhof development

Johannesburg, 27 March 2020 - Turnkey residential property and Memorial Parks developer, Calgro M3, worked closely with key community leaders to donate over 3,000 bottles of much-needed hand sanitiser to the Fleurhof community yesterday, ahead of the country’s 21-day COVID-19 lockdown, which came into effect at midnight on 26 March.

Over and above the 3,000 bottles distributed, other beneficiaries in need of urgent assistance included the nearby Military Veteran Unit and the Florida Police Station, which…

Calgro M3 preserves cash to ensure long-term sustainability

Highlights

  • Cash generated from operations: R449.5 million
  • Cash on hand increased by 67.5% to R205.4 million
  • South Hills development won the Sustainable City’s and Human Settlements Award from the United Nations (“UN”)
  • Level 1 B-BBEE Contributor Status
  • Secured the Frankenwald (Buccleuch, Gauteng) project on a four-year option agreement

Johannesburg, 21 October 2019 - JSE-listed Calgro M3, the property and property-related investment company involved in Integrated Residential Developments, Residential Rental Investments and the development…

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

Johannesburg, 13 May 2019: JSE-listed Calgro M3, the property and property-related investment company…

Building and Decor - Urbanity for humanity

With urban and social sustainability too often ignored in affordable housing projects, New Urban has designed an urban framework that re-imagines housing for the City of Cape Town.

The Scottsdene Housing Project is a four-year integrated housing project in Scottsdene, Kraaifontein, where complete infrastructure development is being achieved by means of a public-private partnership between the City of Cape Town and Calgro M3 Developments. The R554-million project consists of 2 897 residential opportunities and the…