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Developers Diversified Realty Announces New Stores and Store Expansions at Macedonia Commons in Cleveland, Ohio
Aug 31, 2010
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BEACHWOOD, Ohio, Aug 31, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) today announced that Walmart, Hobby Lobby, Five Below, Dots and rue21 are among the retailers opening and expanding at Macedonia Commons, a 543,987 square-foot community center located in Cleveland, Ohio.
Walmart is expanding...
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Developers Diversified Realty Launches Sustainable Lighting Program in Puerto Rico
Aug 18, 2010
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BEACHWOOD, Ohio, Aug 18, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) today announced it is launching a pilot program in Puerto Rico to replace common area parking lot lighting at 14 shopping centers to lower energy consumption and reduce common area utility expenses.
Developers Diversified is ...
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Developers Diversified Declares Third Quarter 2010 Class G Preferred Share Dividend
Aug 16, 2010
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CLEVELAND, Aug 16, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) declared its third quarter 2010 Preferred Class G stock dividend of $0.50 per depositary share. Each Class G depositary share is equal to one-tenth of a share of Developers Diversified's 8.00% Class G Cumulative Redeemable Preferred...
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KB Importadora and EGO Vanity Shoes to Open First Stores in Puerto Rico at Five Developers Diversified Realty Shopping Centers
Aug 11, 2010
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BEACHWOOD, Ohio, Aug 11, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) today announced the completion of ten leases with KB Importadora and EGO Vanity Shoes for their first locations in Puerto Rico at five of the company's shopping centers.
KB Importadora is a jewelry and accessory store for wom...
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Developers Diversified Realty Corporation Prices $300 Million of Senior Unsecured Notes
Aug 9, 2010
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CLEVELAND, Aug 09, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (the "Company") (NYSE: DDR) today announced the pricing of $300 million of senior unsecured notes in an underwritten public offering. The offering consists of $300 million aggregate principal amount of 7.875% notes due September 2020. The not...
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Developers Diversified Realty Reports Operating FFO Per Diluted Share of $0.25 for the Quarter Ended June 30, 2010 Before Non-Operating Items
Aug 2, 2010
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CLEVELAND, Aug 02, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty (NYSE: DDR) today announced operating results for the second quarter ended June 30, 2010.
SIGNIFICANT SECOND QUARTER ACTIVITY
Reported operating FFO of $0.25 per diluted share before non-operating itemsExecuted a Company record 477 total leases for 3.2 m...
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Developers Diversified Realty Secures Advertising and Sponsorship Agreements with AT&T and Coca-Cola in Puerto Rico
Jul 19, 2010
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CLEVELAND, July 19, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) today announced advertising and sponsorship agreements with AT&T and Coca-Cola in Puerto Rico.
Across the island leading brands and retailers continue to partner with Developers Diversified to grow their business. The Company has ...
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Developers Diversified Realty Names Mark Bratt Executive Vice President and Chief Investment Officer
Jul 6, 2010
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BEACHWOOD, Ohio, July 6, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) today announced Mark Bratt will join the Company as executive vice president & chief investment officer effective July 12, 2010.
Developers Diversified president & chief executive officer, Daniel B. Hurwitz, said, "Mark is an...
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Developers Diversified Realty Welcomes KDB to The Pike
Jun 30, 2010
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LONG BEACH, Calif., June 30, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) and Trifecta Management Group (TMG) today announced that TMG will open KDB, your neighborhood Kitchen, Den and Bar, at The Pike at Rainbow Harbor, a 369,000 square foot dining and entertainment center located in Long Beach...
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Developers Diversified Realty Announces the Date of its Second Quarter Earnings Release and Conference Call
Jun 30, 2010
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CLEVELAND, June 30, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) will issue financial results for the quarter ended June 30, 2010 after the market closes on Monday, August 2, 2010. The Company will conduct a conference call and audio webcast on Tuesday, August 3, 2010 at 10:00 a.m. EDT.
To acc...
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Developers Diversified Realty Announces Sale of Three Former Mervyn's
Jun 28, 2010
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Cleveland, OH (June 28, 2010)-Developers Diversified Realty Corporation (NYSE:DDR) today announced the sale of three former Mervyn's locations in California.
"Retailers are acting with renewed interest in backfilling locations to ensure their growth plans are met for 2010 and 2011," said Paul Freddo, senior executive vice president of le...
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Developers Diversified Realty Declares Second Quarter 2010 Class H and Class I Preferred Share Dividends
Jun 15, 2010
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CLEVELAND, June 15, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) declared its second quarter 2010 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...
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Developers Diversified to Present at National Association of REITs Investor Forum
Jun 4, 2010
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CLEVELAND, June 4, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) ("DDR") announced today that Daniel B. Hurwitz, president and chief executive officer; David J. Oakes, senior executive vice president and chief financial officer and Paul W. Freddo, senior executive vice president of leasing and de...
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Developers Diversified Realty Gets 'Social' with Shoppers
Jun 1, 2010
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CLEVELAND, June 1, 2010 /PRNewswire via COMTEX News Network/ -- As consumer expectations evolve with rapidly changing emerging media applications, Developers Diversified Realty (NYSE: DDR), owner, manager and developer of an international portfolio of shopping centers, is launching a program to engage consumers in an online medium they embrace - so...
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Developers Diversified Rooftop Solar Program Named Best-of-the-Best by International Council of Shopping Centers
May 24, 2010
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LAS VEGAS, Nev., May 24, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) today announced that the International Council of Shopping Centers (ICSC) presented the company with the "Best-of-the-Best" award during the industry's largest annual gathering in Las Vegas for the company's innovative rooftop...
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Developers Diversified Welcomes T.J.Maxx to Puerto Rico
May 21, 2010
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BEACHWOOD, Ohio, May 21, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR), the owner, manager and developer of a dynamic international portfolio of highly valued shopping centers, is pleased to announce the signing of a lease for the first T.J.Maxx in Puerto Rico at Plaza del Norte, a 671,278 milli...
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Developers Diversified Declares Second Quarter 2010 Common Share Dividend
May 17, 2010
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CLEVELAND, May 17, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) today declared its second quarter 2010 common stock dividend of $0.02 per share. The common dividend is payable July 7, 2010 to shareholders of record at the close of business on June 21, 2010.
Developers Diversified owns and manag...
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Developers Diversified Declares Second Quarter 2010 Class G Preferred Share Dividend
May 17, 2010
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CLEVELAND, May 17, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) declared its second quarter 2010 Preferred Class G stock dividend of $0.50 per depositary share. Each Class G depositary share is equal to one-tenth of a share of Developers Diversified's 8.00% Class G Cumulative Redeemable Preferre...
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Developers Diversified Realty Reports FFO Per Diluted Share of $0.28 for the Quarter Ended March 31, 2010 Before Non-Operating Items
Apr 22, 2010
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CLEVELAND, April 22, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty (NYSE: DDR) today announced operating results for the first quarter ended March 31, 2010.
The Company's first quarter operating Funds From Operations ("FFO") was $65.2 million, or $0.28 per diluted share, before $36.8 million of net charges.
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Developers Diversified Announces Impact of Private Placement and Proposed Recapitalization of Macquarie DDR Trust
Apr 22, 2010
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CLEVELAND, April 22, 2010 /PRNewswire via COMTEX News Network/ -- Developers Diversified Realty Corporation (NYSE: DDR) (DDR) announced today that Macquarie DDR Trust ("MDT" or "Trust") has completed a A$9.5 million private placement with EPN GP, LLC ("EPN") and that MDT plans to conduct a pro rata entitlement offer to raise approximately A$200 mil...
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