Our History

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

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 AwardsFleurhof 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 AwardsJabulani 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

    Witpoortjie project awarded:

    • Best FLISP Project of the Year
  • Named Company of the Year by Financial Mail
  • Top performing company at the Sunday Times Top 100 annual awards
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

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