The Calgro M3 memorial park is not for the elite
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.
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HYBRID property developer and construction company Calgro M3, now bigger than Aveng, continues to shine in an industry few investors are willing to bet their money on.
This week, the developer of integrated residential housing, which took the unconventional route of entering the funeral industry in May, announced that it had partnered with Hollard Insurance to provide funeral policies for burials at its new memorial park in Nasrec, south of Johannesburg. The share price shot…
Calgro M3 benefits from government efforts to subsidise low-cost housing for poorer families.
Calgro M3, the best performing stock on the Johannesburg Stock Exchange over the past five years, expects revenue and earnings growth until at least 2018 as demand for lower-priced houses outpaces supply. The developer of residential housing has a 19 billion-rand ($1.6 billion) project pipeline over the next decade, and is in talks to as much as double the size of some…
CALGRO M3, the best-performing stock on the JSE over the past five years, expects revenue and earnings growth until at least 2018 as demand for lower-priced houses outpaces supply.
The housing developer had a R19bn project pipeline over the next decade, and was in talks to as much as double the size of some developments under construction, CEO Ben Pierre Malherbe said this week. The company's annual profit has gained every year since 2011.