Thursday, 20 October 2016 14:29

Calgro M3 upbeat as revenue up

Calgro M3, which develops affordable housing with the government, sees group revenue rise 25.7% to R720m in the interim period to August.

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.

In a first for South Africa, Calgro M3 is soon to launch a subsidiary that will operate completely off the national electricity grid, by generating its own renewable energy to run all aspects of the business, including that subsidiary’s administration office.

Calgro M3 has announced that they are releasing the next phase of their Scottsdene affordable housing development in Cape Town. 

Friday, 12 October 2012 09:36

State projects boost Calgro M3’s revenue

JSE-listed low-cost housing developer Calgro M3, which on Thursday posted a solid set of results for the six months ended August, continued to benefit from government’s commitment to increasing investment in infrastructure.

Thursday, 23 February 2012 02:00

Calgro M3 ups the ante

Property developer Calgro M3 Holdings (“CalgroM3”) has transferred its listing from AltX to the JSE Main Board in the ‘Industrials - Construction & Materials’ sector

Calgro M3 Holdings has secured a R1,3bn joint venture agreement to develop and manage an integrated housing project in Belhar, Cape Town, as it expands operations in the Western Cape.

Friday, 30 September 2011 02:00

Low-cost housing thrives

RBA Holdings - Traversing the rocky path

Wednesday, 21 September 2011 02:00

Developer ventures into the Cape

AltX property development group, Calgro M3 Holdings (“CalgroM3”), has achieved a further milestone by expanding operations for the first time into the Western Cape.

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