| DDR Corp. (DDR), formerly Developers Diversified Realty Corporation, is a self-administered and self-managed real estate investment trust (REIT), is engaged in the business of owning, managing and developing a portfolio of shopping centers and, to a lesser extent, office properties. DDR is an owner and manager of 546 shopping centers representing 126 million square feet in 41 states, Puerto Rico and Brazil. The Company has three segments: shopping centers, Brazil equity investment and other investments. During the year ended December 31, 2010, the Company sold 31 properties. The Company's portfolio as of February 11, 2011, consisted of 522 shopping centers and six office properties (including 233 centers owned through unconsolidated joint ventures and three centers that are otherwise consolidated by the Company) and more than 1,800 acres of undeveloped land (of which approximately 250 acres are owned through unconsolidated joint ventures) (the Portfolio Properties). |
