Pareto Limited
Profile
Overview
Pareto Ltd is South Africa’s premier shopping centre investor and one of the country’s leading retail property industry players, fully committed to furthering all facets of this exciting industry.
Pareto has developed an excellent reputation as a highly respected property loan stock company. Its strong focus is on acquiring and enhancing super regional and regional shopping centres in South Africa,as well as mixed developments.
The minimum size requirement is 30,000 square metres of lettable retail area, which is in line with the growing trend towards decentralization and convenience shopping in the country’s major urban areas.
A pre-requisite for Pareto to invest in a mixed-use property development is that at least 50% of the development must be dedicated to retail.
Pareto’s mission is to consistently outperform the industry benchmarks, continue to grow property income for its shareholders, and to be a leading light in bringing about transformation and broad-based black economic empowerment in the property industry.
Commitment to sustainable Corporate Social Investment (CSI) projects is also a core feature of Pareto’s activities.
Since its formation in 1998, Pareto has strongly grown its capital base and consistently enhanced income returns for its shareholders. Pareto has its roots in the Eskom Pension & Provident Fund, the Public Investment Corporation acquired a 40% stake in 2001 with the Eskom Pension & Provident Fund retaining a 60% stake.
Pareto’s premier shopping centre investments include:
- Johannesburg – Cresta Shopping Centre (100%), details
- Johannesburg – Sandton City Shopping Centre (25%), details
- Johannesburg – Southgate Mall & Value Market (67%), details
- Johannesburg – Westgate Regional Shopping Centre (56%), details
- Durban – The Pavilion Shopping Centre (100%), details
- Cape Town – Tyger Valley Shopping Centre (58%), details
- Bloemfontein – Mimosa Mall (100%), details
Pareto’s goal is to consolidate its market leading position as an asset management and investment company and to diversify its asset and income base subject to its investment criteria.