Pareto Limited
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January 27, 2012
Meet the Councillors of SACSC
Read about the councillors on the SACSC : Dumisane Malinga, Marius Muller, Dr Dirk Prinsloo and Lisa Skinner
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January 11, 2012
Sale bolsters fund’s property portfolio
Eskom Pension and Provident Fund has sold its 60% stake in property company Pareto for R6,8bn to the Government Employees Pension Fund
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Welcome to Pareto Limited
Pareto commits heavily to corporate social investment
July 15, 2009
State-owned through the Eskom Pension and Provident Fund and the Public Investment Corporation, Pareto owns or has significant interests in seven major shopping centres including Sandton City (25% owned by Pareto), Southgate (67%), Westgate (56%) and Cresta (100%) in Johannesburg, Mimosa Mall (100%) in Bloemfontein, Pavilion (100%) in Durban and Tyger Valley (58%) in the Western Cape.
“As a company, Pareto is acutely aware of the need to be a socially responsible corporate citizen, investing in and uplifting communities through education and skills development, sustainable projects, job creation, environmental awareness, arts and culture, health and sport,” says Alex Phakathi, Pareto’s MD.
“Most of our CSI focus is on sustainable projects that have a specific emphasis on education and environmental improvement.”
Pareto current biggest CSI investments are:
“As a company, Pareto is acutely aware of the need to be a socially responsible corporate citizen, investing in and uplifting communities through education and skills development, sustainable projects, job creation, environmental awareness, arts and culture, health and sport,” says Alex Phakathi, Pareto’s MD.
“Most of our CSI focus is on sustainable projects that have a specific emphasis on education and environmental improvement.”
Pareto current biggest CSI investments are:
- a bursary scheme for the South African Property Association (SAPOA) – the funds are used to finance property studies at university level for 10 students and to finance winter and summer schools for Grade 12 learners to improve their skills in mathematics, science and English
- the establishment of a 12-roomed anti-retroviral unit for the treatment of HIV positive patients at the Vanguard Hospital at Mitchells Plain in the Western Cape
- the Moletsane Ark project in Soweto that provides a range of care and services for HIV and AIDS affected children
- the acquisition of body cooling equipment and 12 Kangaroo Chairs for the Tygerberg Hospital in the Western Cape
- Pareto’s other current CSI projects include contributions to advancing environmentally-friendly or “green” building, furthering the aims and effectiveness of the Property Sector Transformation Charter, and providing a Durban school with maintenance services for its computer equipment.