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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, rental units and memorial parks of the highest quality.

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South African stocks book biggest drop in 6 weeks, track global markets

JOHANNESBURG (Reuters) - South Africa's main stock index booked its biggest daily percentage decline in more than a month on Wednesday, tracking global markets as anxiety from a sell-off in global government bonds spread to equities.

U.S and European bonds were sold off due to a stand-off between Greece and its lenders as well as worse than expected U.S private jobs data.

That led to sell-off in gold and platinum but was not…

Calgro M3 moves into the burial business

JSE-listed residential property developer Calgro M3 will next month launch a new subsidiary that will provide permanent homes to the departed.

With its first private memorial park (a commercially operated graveyard) opening at Nasrec near Soweto next month, Calgro M3 Memorial Parks hopes to transform the burial business countrywide and contribute significantly to group revenue and profitability.

The group has already invested R75 million in the Nasrec site. This went toward construction of the company's…

Calgro M3 to launch South Africa's first off-grid company

Published by eProp Commercial Property News

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.

"We believe that in this era of tight electricity supply, any move to generate one's own power, to be independent of Eskom, is an important element of sustainability,"…

Cannon Asset Managers: SuperDogs wagging ahead - by Doug Turvey

For equity investors, 2014 was anything but smooth sailing on the local bourse. Rather, the year was characterised by a significant increase in volatility, particularity towards the latter part of the year. Specifically, investor sentiment turned sharply against resources stocks on the back of fears of a possible slowdown in Chinese consumption, a general oversupply of iron ore and a collapse in the oil price. Overall, cheap shares became…

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