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DDR Launches Set Up Shop, New Incubation Program for Small Businesses and Entrepreneurs
Feb 2, 2012
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BEACHWOOD, Ohio, Feb. 2, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the launch of Set Up Shop, a program designed to promote entrepreneurship, incubate new concepts and support the expansion of locally-owned businesses.
(Logo: http://photos.prnewswire.com/prnh/20110912/CL65938LOGO )
Set Up Shop will launch initially in...
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DDR Announces the Closing of $353 Million in New Long-Term Financings
Jan 31, 2012
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BEACHWOOD, Ohio, Jan. 31, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) announced today that it has closed $353 million of new long-term financings, comprised of a $250 million unsecured term loan ("Term Loan") and a $103 million mortgage loan ("Mortgage Loan"). These financings address the majority of the company's 2012 consolidated debt maturities a...
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DDR Partners with Anna's Linens to Open Three Puerto Rico Stores
Jan 24, 2012
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BEACHWOOD, Ohio, Jan. 24, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced Anna's Linens will open three of its first Puerto Rico stores at DDR shopping centers.
(Logo: http://photos.prnewswire.com/prnh/20110912/CL65938LOGO)
"DDR is pleased to partner with yet another growing and innovative retailer on expansion plans for P...
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DDR Announces the Date of Its Fourth Quarter Earnings Release and Conference Call
Jan 18, 2012
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BEACHWOOD, Ohio, Jan. 18, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) will issue financial results for the quarter ended December 31, 2011 after the market closes on Thursday, February 16, 2012. The Company will conduct a conference call and audio webcast on Friday, February 17, 2012 at 10:00 a.m. ET.
(Logo: http://photos.prnewswire.com/prnh/...
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DDR Corp. Announces Tax Allocations of 2011 Dividend Distributions
Jan 13, 2012
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BEACHWOOD, Ohio, Jan. 13, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the tax allocations of 2011 dividend distributions on its common shares and three series of preferred shares.
(Logo: http://photos.prnewswire.com/prnh/20110912/CL65938LOGO )
For shareholders of DDR Corp. common and preferred shares, the Form 1099-DIV ...
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DDR Announces Pricing of Common Shares Offering on a Forward Basis
Jan 12, 2012
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BEACHWOOD, Ohio, Jan. 12, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced it has priced an offering of 16,500,000 common shares at a price of $12.95 per share, all of which are being offered in connection with the forward sale agreements described below. DDR Corp. has also granted the underwriters a 30-day option to purchase up to an add...
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DDR Announces 2011 Accomplishments and Guidance for 2012
Jan 10, 2012
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BEACHWOOD, Ohio, Jan. 10, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced a review of 2011 accomplishments as well as its guidance for 2012.
(Logo: http://photos.prnewswire.com/prnh/20110912/CL65938LOGO )
The Company continued to aggressively pursue its long-term strategic objectives during 2011 and made significant progre...
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DDR Announces Offering of Common Shares on a Forward Basis
Jan 10, 2012
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BEACHWOOD, Ohio, Jan. 10, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the commencement of a public offering of approximately 15,000,000 common shares on a forward basis. DDR Corp. also expects to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 common shares.
(Logo: http://photos.prnewswire.c...
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Blackstone and DDR form Joint Venture to Acquire EDT Retail Portfolio for $1.4 Billion
Jan 10, 2012
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BEACHWOOD, Ohio, Jan. 10, 2012 /PRNewswire/ -- Affiliates of Blackstone (NYSE: BX) and DDR Corp. (NYSE: DDR) today announced the formation of a joint venture to acquire a portfolio of 46 shopping centers currently owned by EPN Group ("EPN").
(Logo: http://photos.prnewswire.com/prnh/20110912/CL65938LOGO )
The joint venture has execute...
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DDR Downsizes Junior Anchor Space and Reconfigures Small Shops to Welcome Five Below to Atlanta
Jan 6, 2012
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BEACHWOOD, Ohio, Jan. 6, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced new Five Below stores in consolidated small shop and downsized junior anchor locations at five Atlanta-area prime shopping centers.
(Logo: http://photos.prnewswire.com/prnh/20110912/CL65938LOGO )
These new locations represent the continuation of DD...
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DDR Declares Common Share Dividend Increase for First Quarter 2012
Jan 5, 2012
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BEACHWOOD, Ohio, Jan. 5, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today declared its first quarter 2012 common stock dividend of $0.12 per share, representing a 50 percent increase from the fourth quarter 2011 dividend and a 200 percent increase from the first quarter 2011 dividend. The dividend is payable April 3, 2012 to shareholders of record ...
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DDR Completes $731 Million of Strategic Transactions in 2011
Jan 4, 2012
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BEACHWOOD, Ohio, Jan. 4, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced that it acquired a strategic shopping center for $80 million and disposed of $247 million of assets during the fourth quarter of 2011. DDR continues to focus on quality enhancement by recycling capital generated from non-prime and non-income producing asset sales in...
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DDR Appoints Mark S. Floyd as Executive Vice President of Employment
Jan 3, 2012
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BEACHWOOD, Ohio, Jan. 3, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the appointment of Mark S. Floyd as executive vice president of employment. In this role Mr. Floyd will be primarily responsible for recruitment, development and retention efforts, and execution of the company's strategic plan as it relates to human capital.
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DDR Appoints Luke Petherbridge as Senior Vice President of Capital Markets
Dec 15, 2011
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BEACHWOOD, Ohio, Dec. 15, 2011 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the appointment of Luke Petherbridge as senior vice president of capital markets. In this role Mr. Petherbridge will be primarily responsible for capital raising, actively managing the balance sheet and maintaining strong lender relationships.
(Logo: http:/...
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DDR Declares Fourth Quarter 2011 Class H and Class I Preferred Share Dividends
Dec 15, 2011
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BEACHWOOD, Ohio, Dec. 15, 2011 /PRNewswire/ -- DDR Corp. (NYSE: DDR) declared its fourth quarter 2011 Preferred Class H stock dividend of $0.460938 per depositary share and Preferred Class I stock dividend of $0.46875 per depositary share.
Each Class H depositary share is equal to one-twentieth of a share of DDR's 7.375% Class H Cumulative R...
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DDR and Glimcher Realty Trust Announce Closing of Strategic Asset Swap
Dec 8, 2011
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BEACHWOOD, Ohio and COLUMBUS, Ohio, Dec. 8, 2011 /PRNewswire/ -- DDR Corp. (NYSE: DDR) and Glimcher Realty Trust (NYSE: GRT) today announced that the companies have completed a previously announced strategic asset swap in which DDR purchased the power center, Polaris Towne Center, in Columbus, Ohio; and Glimcher purchased the open-air mall, Town Ce...
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DDR Launches ValuText, a First-of-Its-Kind, Location-Based Mobile Marketing Program
Dec 5, 2011
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BEACHWOOD, Ohio, Dec. 5, 2011 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the launch of ValuText, a location-based, mobile marketing service specifically designed to drive sales and productivity at the company's prime assets. ValuText is a unique program that couples physical retail assets with state-of-the-art, location-based mobile mark...
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DDR Declares Common Share Dividend Increase for Fourth Quarter 2011
Nov 8, 2011
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BEACHWOOD, Ohio, Nov. 8, 2011 /PRNewswire/ -- DDR Corp. (NYSE: DDR) declared its fourth quarter 2011 common stock dividend of $0.08 per share, representing a 33 percent increase from the third quarter 2011 dividend and a 300 percent increase from the fourth quarter 2010 dividend. The dividend is payable January 6, 2012 to shareholders of record at ...
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DDR Reports Operating FFO Per Diluted Share of $0.24 for the Quarter Ended September 30, 2011
Oct 27, 2011
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BEACHWOOD, Ohio, Oct. 27, 2011 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced operating results for the quarter ended September 30, 2011.
SIGNIFICANT THIRD QUARTER ACTIVITY
Reported operating FFO of $0.24 per diluted share, which excludes certain non-operating itemsContinued strong leasing performance with the execution of a total of 5...
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DDR Announces New Tenants at Six Former Borders Locations in Puerto Rico, New Jersey, Georgia, Ohio and Missouri
Oct 20, 2011
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BEACHWOOD, Ohio, Oct. 20, 2011 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced six new national tenants will occupy former Borders locations in Puerto Rico, New Jersey, Georgia, Ohio and Missouri.
(Logo: http://photos.prnewswire.com/prnh/20110912/CL65938LOGO )
PetSmart's newest Puerto Rico store will be located in the former Borders lo...
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