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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 and memorial parks of the highest quality.

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1995

The Company was formed 22 years ago in 1995, when Calgro was established by Derek, Deon and Douw Steyn. From there the story develops...

2001

Steyn brothers join forces with the Malherbe brothers to take on a residential development in Gauteng • Calgro M3 Developments is born

2007 Lists on AltX Board of the JSE
2008 Embarks on first integrated residential project • Pennyville Ext 1
2009 Group breaks ground on the Fleurhof integrated development
2010

Pennyville Integrated Residential Project completed

Secured Jabulani CBD project

Awarded Jabulani hostels redevelopment first phase

2011

Group breaks ground on the Brandwag social housing project in Bloemfontein, the first project outside Gauteng

Opens office in Western Cape

2012

Lists on JSE Main Board

Secures second project in Western Cape • Belhar

2013

First agreement reached for Kwa Nobuhle project in Eastern Cape

Completion of the first phase of Jabulani hostel development

Environmental approval to proceed with South Hills development

Jukskei View sold out

Installed infrastructure on La Vie Nouvelle Retirement and Lifestyle Estate

Commenced installation of infrastructure on the Witpoortjie project aimed at the affordable housing market

Commenced construction on the newly acquired Sagewood project after completing the installation of infrastructure

Fleurhof project awarded project of the year by the South African Housing Foundation

Merit award from the Chartered Secretaries South Africa and the JSE Limited for “The Benchmark for Integrated Reporting”

2014

Awarded the Otjomuise project in Namibia, signalling the Group’s cautious expansion outside South Africa

Awarded second phase of the Jabulani Hostels project

Commenced construction on Witpoortjie project

Broke ground on South Hills development

Entered into Joint Venture with Esor to develop the Tanganani Ext 14 project

Enter into development agreement to develop the Vista Park project

Merit award from the Chartered Secretaries South Africa and the JSE Limited for “The Benchmark for Integrated Reporting”

Govan Mbeki Awards
Jabulani CBD project awarded:
• Best Social Housing Project

Fleurhof project awarded:
• Informal Settlement Upgrade Project of the Year
• Best FLISP housing project of the year in Gauteng
• Best Housing Project of the Year
• Best National Housing Project

2015

Venture into Memorial Parks to effectively utilise land not suitable for property developments and to secure an annuity income stream

Govan Mbeki Awards
Fleurhof project awarded:
• Best FLISP Project of the Year
• Best Social Housing Project of the Year
• Best Integrated Project of the Year
• Best Integrated Project of the Year

Named SA’s best performing stock over five years by Bloombergs

2016

Fleurhof acquisition

Commissioned and completed Sagewood project

Calgro M3 enters Real Estate Investment market in partnership with SA Corporate Real Estate

Govan Mbeki Awards
Jabulani CBD project awarded:
• Best Social Housing Project 

Fleurhof project awarded:
• Informal Settlement Upgrade Project of the Year
• Best FLISP housing project of the year in Gauteng
• Best Housing Project of the Year
• Best National Housing Project

Named Company of the Year by Financial Mail

Top performing company at the Sunday Times Top 100 annual awards

Witpoortjie project awarded (Govan Mbeki Awards): Best FLISP Project of the Year

2017 November 2017 marks a decade of Calgro M3 as a listed company
2019 Calgro M3 was named the top empowered company in the infrastructure sector at the 18th Annual Top Empowerment Companies Awards. This category recognises gender-strong organisations involved in the innovative, sustainable and efficient enhancement of infrastructure development
2020 The Group made a strategic decision to temporarily suspend investment into the Residential Rental business due to the capital-intensive nature of the business. The Group has retained its long-term strategic objective of establishing a residential rental portfolio to supply an annuity income stream into the Group as a risk diversification mechanism. The Group will continue to monitor and report on when the business will be re-established.

South Hills development won United Nations (“UN”) Sustainable Cities and Human Settlements award