Calgro M3 upbeat about housing demand, even as interest rates rise

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The affordable housing developer says demand has never been higher, with revenue rising more than half in its year to end-February

Affordable housing developer Calgro M3, whose revenue rose by more than half in its 2022 year, says demand has never been higher for its product.

While it is not too concerned about rising interest rates, it has opted to hold onto its cash for now...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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