In June 2019, Pareto Limited, a leading South African real estate investment company, acquired a 25% stake in Atterbury Europe, marking a significant step in its global expansion strategy. This investment enabled Pareto to diversify its portfolio beyond South Africa, gaining exposure to high-growth European markets and reducing concentration risk.
Atterbury Europe, established in 2014, is a real estate development and investment company focused on premium retail and commercial properties across Europe, including Romania, Cyprus, and Serbia. The company holds key assets such as the Mall of Cyprus and the Mall of Engomi, both of which are major retail destinations.
In April 2024, Pareto and Atterbury Europe restructured their partnership, with Pareto converting part of its debt exposure into direct ownership of the Mall of Cyprus and the Mall of Engomi. This strategic move not only strengthened Pareto’s position in the European property sector but also helped Atterbury Europe deleverage its balance sheet for future growth.
Pareto’s investment underscores its commitment to long-term value creation and global expansion, positioning the company as a key player in the international real estate market.
Menlyn Park is situated in bustling Pretoria, home to over 170 embassies and consulates. It offers a multitude of experience for millennials, politicians and everyone in between.
Opened: 1979
Last Refurbishment: 2015
Current GLA: 174 553 m²
Number of Stores: 437
Parking Bays: 8000
Anchor Tenants: Woolworths, Edgars, Checkers Hyper, Game, Food Lovers Market and Pick n Pay
As the oldest first-generation mall in KwaZulu-Natal, The Pavilion (affectionately known as The Pav) boasts an eclectic mix of shoppers and retailers. Since 1993, its iconic domes have become a landmark of the Durban landscape.
Opened: 1993
Last Refurbishment: 2014
Current GLA: 122 768 m²
Number of Stores: 273
Parking Bays: 5319
Anchor Tenants: Checkers Hyper, Pick n Pay, Edgars, Game, Woolworths, Nu-Metro and Virgin Active
Situated in one of the most affluent suburbs in the City of Gold, Sandton City was the first of its kind in Johannesburg. The scale and depth of the centre revolutionised retail in Africa.
Opened: 1973
Last Refurbishment: 2015
Current GLA: 147 941 m² Retail | 26 530.60 m² Offices | 24 727.79m² Atrium on 5th
Number of Stores: 303
Parking Bays: 8069
Anchor Tenants: Checkers, Edgars, LC Waikiki, Woolworths and Ster-Kinekor
At 40 years old, many residents in the area have grown up with Cresta Mall. After undergoing refurbishments in 2013, the mall continues to attract families from the area and beyond.
Opened: 1976
Last Refurbishment: 2014
Current GLA: 114 545 m²
Number of Stores: 265
Parking Bays: 7134
Anchor Tenants: Checkers, Pick n Pay, Game, Edgars, Mr. Price Emporium, Woolworths and Ster-Kinekor
Southgate Mall is situated in the hub of southern suburbia and was the area’s first super-regional mall. Over the years, its strategic position has catered to a variety of people from all walks of life.
Opened: 1990
Last Refurbishment: 2002
Current GLA: 88 955 m²
Number of Stores: 183
Parking Bays: 4 267
Anchor Tenants: Checkers, Pick n Pay, Edgars, Shoprite, Builders Express, Virgin Active, Woolworths, Ster-Kinekor, Dis-Chem and Game
Nestled close to the Winelands and 15 minutes from the Cape Town CBD, Tyger Valley Centre brings modern style to the heart of the Northern Suburbs.
Opened: 1985
Last Refurbishment: 2012
Current GLA: 90 382m²
Number of Stores: 243
Parking Bays: 6 000
Anchor Tenants: Pick n Pay, Game, Edgars, Woolworths and Ster-Kinekor
Mimosa Mall is a small regional mall and a landmark in the City of Roses. After recent renovations, it is a one-stop-destination that caters to a vibrant mix of shoppers.
Opened: 2000
Last Refurbishment: 2013
Current GLA: 37 453m²
Number of Stores: 98
Parking Bays: 1 760
Anchor Tenants: Checkers, Ster Kinekor
Westgate’s simple design and newly revamped lower-level layout make for ease of navigation of its diverse offering, where shopping becomes a shared experience for individuals and families alike.
Opened: 1985
Last Refurbishment: 2016
Current GLA: 112 592 m²
Number of Stores: 173
Parking Bays: 5 676
Anchor Tenants: Checkers Hyper, Pick n Pay, Edgars, Game, Woolworths and Food Lovers Market