05/12/2025
Yesterday marked a defining moment for Pareto Limited as we break ground on a development that signals our strategic expansion into the residential space and the next evolution of the Menlyn node.
In partnership with Divercity Property Group, we are investing R850 million to create a 1,200-unit residential precinct directly alongside Menlyn Park Shopping Centre one of South Africa’s most successful retail destinations.
Our partnership with Divercity brings together the strengths of two industry leaders combining Pareto’s retail and precinct expertise with Divercity’s proven track record in delivering high-quality rental residential developments.
For Pareto, this project represents more than an investment; it is a commitment to long-term precinct growth and diversification. By bringing quality rental living into the heart of Menlyn, we are unlocking new opportunities for value creation while shaping a connected environment where people can live, work, and play seamlessly.
We are equally committed to sustainable and community-focused development. This project will rejuvenate an existing office park through thoughtful conversions, deliver modern new-build units, and integrate residents into a walkable district supported by extensive retail, services, and green spaces.
As urban lifestyles continue to shift, we believe mixed-use precincts like Menlyn represent the future vibrant, inclusive, and centred on convenience and connectivity.
This is a proud moment for Pareto, and we look forward to bringing this vision to life with our partners at Divercity.
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