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Unibail-Rodamco Still Reshaping Retail Portfolio
Jaap Tonckens, chief financial officer of Unibail-Rodamco (Paris: UL.PA), joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Unibail-Rodamco began work in 2009 to reshape its portfolio and focus on large shopping centers located in wealthy and densely populated areas of major European cities. Tonckens said that although the company has exceeded its stated intentions in terms of culling the portfolio, the process is ongoing.
