Pareto Limited

• Investments
  • Overview
  • Our Investment Mandate
  • Cresta Shopping Centre
  • Sandton City
  • Southgate Mall
    • Value Market
  • Westgate Shopping Centre
  • The Pavilion
  • Tyger Valley
  • Mimosa Mall

 

 

Investments

Our Investment Mandate

• The shareholders view Pareto as an institutional investor which needs to reflect the investment mandates of its investors; the pension funds. As such, Pareto is a long-term investor and will avoid speculative investments.
• As institutional investors, Pareto’s main objective is to achieve sustainable long-term income growth. The company would like to achieve stable and consistent capital and income growth.
• The shareholders of Pareto have mandated the company to grow the size of the existing portfolio by investing in retail properties with a minimum rentable area of 30 000m2.

Recent Acquisitions

• Mimosa Mall in Bloemfontein was acquired in 2008. Mimosa Mall is a small regional shopping centre of about  37000m2 Gross Letting Area(GLA). The deal was worth R800 million for a 100% ownership.
• Pareto is currently in the process of acquiring a 50% stake in Cavendish Square (Cape Town) and Menlyn Park (Pretoria). The transaction valued at 2.5 billion is subject to various suspensive conditions.

Looking Forward

Pareto is still in the acquisition mode, as the mandate from our Board and shareholders to grow
the asset base is still in force.