Developers Diversified Realty Corporation

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Developers Diversified Reality Corporation
Type Public (NYSEDDR)
Founded 1965
Headquarters Beachwood, Ohio, USA
Key people Scott A. Wolstein, Chairman & CEO
Daniel B. Hurwitz, President & COO
William H. Schafer, CFO
Industry REIT - Retail
Revenue $939.09 million USD (December 2007)
Website www.ddr.com

Developers Diversified Realty Corporation (NYSEDDR) is one of the largest owners and developers of retail shopping centers in the United States. The company was founded in 1965 and is based in Beachwood, Ohio, an eastern suburb of Greater Cleveland. DDRC, a publicly traded company on the NYSE, leads the real estate industry in power centers. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers [1].

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