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

With the construction sector resembling a sort of rubble, what with all the majors on their knees as the chickens come home to roost and some worth a fraction of the values they boasted before the lid was lifted on collusion, affordable housing firm Calgro M3 is worth a look.

The six months to 31 August 2015 saw Calgro M3 continue its strong performance as headline earnings per share rose 29.98% to 66.25 cents, profit after tax increased to R84.2 million  and earnings per share rose 18.52% to 66.25 cents.

Calgro M3 has produced an excellent set of results for the year to 28 February 2015, showing strong growth for the fifth consecutive year.

Mr. Ben Pierre Malherbe, MBA, BSc (QS), (B&A) has been the Chief Executive Officer of Calgro M3 Holdings Limited since August 5, 2005.

CALGRO M3, announced it had begun its South Hills and Belhar Projects to add another boost to the group’s revenue.

Calgro M3 grows its HEPS of 26.96% to 40.16c in the six months to August‚ reports the group.

Property developer Calgro M3 says its project pipeline tops R10bn after it was awarded a R746m project in North West.

Property developer Calgro M3 Holdings said on Monday its project pipeline had topped R10bn after it was awarded a R746m project in North West.

The company will develop 3451 residential units in the Boitekong Ext 16 Integrated Development in Rustenburg.

Construction is expected to commence next month and will be completed in 2016.