News Archive June 2010
August 13, 2012
Women in property
The commercial property industry is still seen as a boy’s club: few sectors have so many facets that still smell of old leather and cigar smoke. But the property baron of yesteryear is no more. Today, it’s women who are changing the face of commercial property. Some names stand out: Nomzamo Radebe from Pareto Limited describes herself as an ambitious Zulu girl who feels that the industry is still quite male dominated, although it is changing
November 15, 2011
Previous CSI Projects
Pareto intends to invest around R5 million annually in sustainable projects. Pareto is committed to ongoing investment in the areas served by the shopping centres in its portfolio.
October 30, 2011
Sharpen your Skills
It's getting tough out there. To compete and rise above the rest, you need to give yourself the ultimate competitive advantage:
September 27, 2011
Leading the way in transformation
SAIBPP magazine spoke to Marius Muller, CEO of Pareto, who has been with the company for just over a year. “I’ve been very impressed with the company’s transformation,” he says. “We have many top professional BEE employees who are able to hold their own in the industry, and some of whom are very well respected.”
September 26, 2011
Westgate offers food extravaganza
The Westgate regional shopping centre on the West Rand, Gauteng will run a 'Foodgate', is offering its shoppers treats, cook offs and all things food related from the end of September until mid-October 2011 in celebration of its 26th birthday.
September 19, 2011
Pareto buys half of Old Mutual's Menlyn Park, Cavendish centres.
Pareto buys half of Old Mutual's Menlyn Park, Cavendish centres THABANG MOKOPANELE Property Correspondent PROPERTY company Pareto has signed a sale agreement with Old Mutual Life Assurance to acquire 50% of Menlyn Park Shopping Centre in Pretoria and Cavendish Square in Cape Town for about R2,5bn the biggest transaction in SA's recent property history.
August 20, 2011
Sandton City poised for growth
Sandton City’s much anticipated expansion and refurbishment project will open to the public on 10 November with a new exciting
mix of tenants.
The R1.77 billion first phase of the Sandton City is being undertaken by Liberty Properties which owns a 75 percent stake and Pareto Ltd which owns a 25 percent stake.
April 1, 2010
As a leading player in the South African property industry, Pareto is fully committed to training and developing skills within the sector. Pareto’s goal is to continue developing and up-skilling Asset Manager and Shopping Centre Manager Trainees to expand these important skills in South Africa’s constantly evolving property industry.
August 1, 2009
SAPOA bursary scheme receives a boost
The South African Property Owners Association (SAPOA) is making positive strides forward in the implementation of its bursary scheme. In a move which will help drive the project ahead, Pareto Ltd has agreed to provide R1.2 million for the sponsorship funding required by SAPOA.
March 1, 2009
Living up to the expectations embedded in its name, property loan stock company Pareto has gone out of its way to embrace the principle of doing business in a socially responsible manner. Pareto takes its name from classical Italian philosopher Vilfredo Pareto, whose work is the foundation for the 80-20 rule.
February 10, 2009
Born to be a trailblazer
As its short history of the past 10 years shows, property loan stock company Pareto was born to be a trailblazer.
Back in 1998 when Pareto was established as a separate corporate entity, not many people in SA thought much about focused property funds. The idea of a focused retail property fund appeared unsustainable.
November 10, 2008
Right on target
Putting the real meaning of empowerment back into BEE
If there are still concerns that black economic empowerment (BEE) compromises performance, they should dissipate at the mention of property loan stock company Pareto.
October 15, 2008
The firm sets its eyes on further expansion
If you want to get a seasoned commercial property dealer really excited, just throw the word Pareto into a conversation. This is because of the quality of assets housed in this 10-year-old retail-focused property fund.
September 1, 2008
Not just riding the waves
Retail-focused property fund Pareto has over the past few years churned out impressive financial performances but its mettle will be tested as retail spending takes a dip because of slowing economic activity.
April 1, 2008
No reckless undertakings
A whole new world awaits unlisted property loan stock company Pareto, as it prepares to splash out about R5bn to grow its asset base in the next 24 months.
Pareto plans to deliver on its growth promise using a three-pronged strategy - the acquisitions of existing assets, joint ventures with developers in new developments and unearthing the potential of existing assets through expansions, redevelopment and refurbishments.
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