Unibail-Rodamco is one of the largest shopping centre owners in Europe, with a portfolio of 71 shopping centres in major European cities. It also has a portfolio of prime and efficient office buildings in Paris, as well as 10 major convention and exhibition centres in the Paris region. Its total portfolio is valued at €42.5bn, and it has a €8.1bn pipeline of developments across Europe.
Tonckens joined Unibail-Rodamco's management board as general counsel in 2009 and became chief investment officer a year later. He was promoted to chief financial officer in 2012 and continues to supervise the group’s investments in his current position.
Before joining Unibail-Rodamco, he was an MD at Endurance Capital, a private equity firm in New York. Then he worked at Morgan Stanley & Co., first in London and then in New York, where he was an MD in the leverage and acquisition finance department. Before that, he worked at Shearman & Sterling in New York and Paris. Tonckens is a graduate of the University of Leiden in the Netherlands and Emory University in Atlanta (USA).
“The invitation by the South African REIT Association to participate in its March 2018 Conference is a great example of the international mindset of South African REITs and investors. I look forward to speaking with the participants and exchanging views on the structural changes facing retail REITs in Western Europe and current investor sentiment,” says Tonckens.
For more information, go to www.sareit.com.
