Menlyn Park Shopping Centre is more than just a mall—it’s a landmark. But who owns Menlyn Park, and how did it become one of Pretoria’s most iconic destinations? Let’s explore its fascinating history, ownership, and the transformations that have made it a retail powerhouse.
Menlyn Park Shopping Centre – Key Information
| Category | Details |
|---|---|
| Alternative Names | Menlyn, Menlass |
| Location | Pretoria, South Africa |
| Coordinates | 25°46′59″S 28°16′31″E |
| Construction Started | 1979 |
| Renovations | 1998, 2000, 2016 |
| Top Floor | UF (Upper Floor Shopping Level) |
| Floors | 3 (Shopping Levels) |
| Total Floor Area | 177,000 m² (1,910,000 sq ft) |
| Architecture Firm | BILD Architects |
| Civil Engineer | Concor Buildings |
| Number of Stores | ±500 outlets |
| Website | Menlyn Park Website |
The Origins of Menlyn Park
Menlyn Park Shopping Centre first opened its doors in 1979. Named after the suburb of Menlyn in Pretoria, it was designed to serve the growing community in the area. Back then, it was a modest shopping centre, far from the sprawling retail giant it is today.
The mall’s first major transformation came in 1988, when Bild Architects reimagined its layout and design. This marked the beginning of Menlyn Park’s evolution into a regional shopping hub.
Who Owns Menlyn Park Today?
So, who owns Menlyn Park now? The answer lies with Pareto Limited, a South African shopping centre investment firm. Pareto acquired full ownership of Menlyn Park in 2015 through a strategic asset swap with Old Mutual Properties.
But the story doesn’t end there. Pareto Limited is wholly owned by the Public Investment Corporation (PIC), which manages investments on behalf of the Government Employees Pension Fund (GEPF). This means that, indirectly, Menlyn Park is owned by the South African government and its employees.
The 2016 Expansion: A Game-Changer
In November 2016, Menlyn Park underwent a massive R2.5-billion expansion. This two-year project increased its lettable floor space to 177,000m², making it one of the largest shopping centres in Africa. The redesign introduced a modern, eco-friendly structure that earned a 4-star Green Star Retail Design rating from the Green Building Council of South Africa.
Today, Menlyn Park boasts over 500 stores, 37 restaurants, and unique features like a rooftop Drive-In Theatre and a Nu Metro cineplex. It’s not just a shopping centre—it’s an experience.
Why Menlyn Park Matters
Menlyn Park isn’t just a place to shop; it’s a cornerstone of Pretoria’s retail landscape. Its strategic location near the N1 highway makes it easily accessible, while its diverse mix of international brands and local retailers caters to a wide range of shoppers.
The mall’s ownership by Pareto Limited, under the GEPF, also highlights its role in supporting South Africa’s economy and public sector employees.
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Conclusion
Who owns Menlyn Park? Pareto Limited, backed by the Government Employees Pension Fund, holds the reins. But Menlyn Park is more than just a property—it’s a symbol of growth, innovation, and community. Whether you’re a shopper, a business owner, or simply curious about its history, Menlyn Park’s story is one worth knowing.
So, the next time you visit Menlyn Park, you’ll know exactly who owns it and the legacy behind this iconic shopping centre.
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