Governance of the highest quality is the driving force behind all of Pareto’s operations and activities. It is at the very heart of our vision to entrench our market-leading position in the retail property sector and to develop a significant footprint at the top end of the office property sector.

Our commitment to excellence is unwavering in all aspects of corporate governance and management practices. Our investment in new opportunities, existing properties and retail office developments are always based on the highest level of ethics and responsibility.

Our Board of Directors support and endorse the principles laid out by the King Code of Corporate Governance for South Africa. In line with these principles, we have implemented a fraud prevention plan along with a policy on risk management. Through adopting a highly proactive stance on governance issues, we aim to protect and maximise returns for our shareholders and solidify our role in creating meaningful development and transformation within the commercial property sector.

In line with our strong commitment to total transparency and robust corporate governance, Pareto has instituted its own whistle blowing initiative to stamp out fraud, corruption and other illegal activities. The Pareto Fraud Hotline operates on a strictly confidential basis, ensuring that whistle blowers can provide information with the full assurance that they have complete anonymity.

OUR HISTORY

1997
1998
1999
2000
2001
2003
2008
2010
2012
2014
2015
2016
1997

EPPF Property Investment Department managed EPPF mixed property portfolio

EPPF Board of Trustees approved unitization of prime regional retail investments

EPPF: 100% shareholder

1998

Pareto Limited (previously Apollo Property Holdings Limited) registered at CIPRO

Pareto operational

Capital structure: ordinary par value share (R0,001) & unsecured variable rate debenture (R0.999)

Main objective: holding and investing in immovable property Capitalisation: R2,4bn

1999

M&A: BVI

BVI established to house acquisition of Menlyn Park & Cavendish Square,

M&A: PARETO

Acquired 25% undivided share in Sandton Convention Centre

2000

M&A: PARETO

Acquired 40% undivided share in The Pavilion (now 100% owned)

2001

GEPF: 40% shareholder

M&A: PARETO

Disposed of 12.5% undivided share in Sandton Square

2003

M&A: PARETO

Acquired 15% undivided share in Tyger Valley Centre (now 57.5% owned)

2008

M&A: PARETO

Acquired 100% undivided share in Mimosa Mall

2010

M&A: BVI

Acquired 50% undivided share in Cavendish Square Acquire 50% undivided share in Menlyn Park Shopping Centre

2012

GEPF: 100% shareholder

2014

M&A: PARETO

Acquired 43.81% undivided share in Westgate (now 100% owned)

Acquired 35.02% undivided share in Erf 2, Southgate (Southgate Value Market) (now 100% owned)

Acquired 32.58% undivided share in Erf 3, Southgate (Southgate Mall) (now 100% owned)

2015

M&A: PARETO

Acquired 100% undivided share in Brandwag Centre and Kosmos Flats

Disposed of 50% undivided share in Cavendish Square

Acquired 32.58% undivided share in Erf 3, Southgate (Southgate Mall) (now 100% owned)

M&A: BVI

Acquired 50% undivided share in Menlyn Park Shopping Centre (now 100% owned)

2016

M&A: PARETO

GEPF: 76% shareholder Belelani Capital(RF) Pty Ltd: 24% shareholder