DDR Recognized with Shopping Center Marketing, Management and Community Outreach Awards

BEACHWOOD, Ohio, Sept. 10, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the company was honored with nine awards at the 2012 MAXI Awards ceremony, held at the International Council of Shopping Centers' (ICSC) NOI+ Conference in Orlando, Florida on September 5, 2012.

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DDR received one MAXI Gold, six MAXI Silver and two ICSC Foundation Community Support Awards for its industry leading shopping center marketing, management and specialty leasing programs. DDR has won a total of 29 MAXI Awards in the past six years, representing a tradition of innovation, operational excellence and corporate social responsibility.

The 2012 ICSC U.S. MAXI Awards recognize the premier marketing, community outreach, NOI enhancement, sales promotions and new media programs, highlighting what it takes to achieve the highest level of recognition in the retail real estate industry. The ICSC Foundation's Community Support Award program honors specific corporate social responsibility and community outreach efforts for charitable initiatives.

"We are honored by the significant recognition DDR received at the 2012 MAXI Awards," said David Favorite, executive vice president of property management for DDR. "Our MAXI finalists once again illustrate the passion, creativity, and the extraordinary effort that DDR employees make on a daily basis for our communities, tenants and shareholders."

For more information about the 2012 MAXI and ICSC Foundation Community Support Awards DDR received, visit www.ddr.com or the Facebook page www.facebook.com/ddrcorp.

About DDR

DDR is an owner and manager of 459 value-oriented shopping centers representing 117 million square feet in 39 states, Puerto Rico and Brazil. The company's assets are concentrated in high barrier-to-entry markets with stable populations and high growth potential and its portfolio is actively managed to create long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the company is available at www.ddr.com.

SOURCE DDR Corp.