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DDR Corp. is a publicly traded real estate investment trust that owns and manages value-oriented, open-air retail shopping centers, or "power centers" in the United States mainland and Puerto Rico. The company was founded in 1965 and is based in Beachwood, Ohio, an eastern suburb of Greater Cleveland. It operates in approximately 40 continental U.S. states and in the U.S. Commonwealth of Puerto Rico. ==History== The company's roots go back to a group of companies established by lawyer and single family home builder Bertram Wolstein, an alumnus of Cleveland–Marshall College of Law. In 1965 he switched to commercial real estate and began a partnership with Kmart, with the first one built in 1965. DDR filed its initial public offering of Common Shares on February 2, 1993. The price at that time was $22.00 per share, and the company began trading on the New York Stock Exchange under the ticker symbol DDR on February 2, 1993.〔(【引用サイトリンク】title=DDR Corp. Investor FAQs )〕 On September 12, 2011 the company announced plans to change its name from Developers Diversified Realty Corporation to DDR Corp., adopting the NYSE ticker symbol as its name.〔(【引用サイトリンク】title=DDR Announces New Name, Tagline and Brand Identity )〕 The new name was chosen to represent a simplified strategy, portfolio and capital structure, as the words “developers” and “diversified” no longer accurately describe the company’s focus. Ground-up development of shopping centers is still a part of the company’s business, but does not warrant top billing in the company’s name. Further, the company’s focus on power centers renders the word “diversified” inaccurate. In September 2011, the company also launched a new tagline: “Think Retail. Create Value.” The new tagline was meant to emphasize the company’s objective to see the world through the eyes of its customers – retailers - and that the company’s primary reason for being is to create shareholder value.〔(【引用サイトリンク】title=REITs on a Re-Branding Roll )〕 In August 2013, DDR and Blackstone Group’s joint venture acquired a portfolio of seven open-air shopping centers from Regency Centers Corporation for $332 million. In March 2014, DDR agreed to exit its Brazilian joint venture by selling its stake to the firm’s largest shareholder for $343.6 million. In October 2014, DDR closed on its third joint venture with Blackstone Group, the acquisition of 70 shopping centers totaling 15.7 million square feet for $1.93 billion. The portfolio primarily consists of prime power centers located in Los Angeles, Houston, Denver, Chicago, Atlanta, Washington D.C. and Phoenix and is occupied by retailers such as Whole Foods, Trader Joe's, The Fresh Market, Costco, Target, Walmart, Kohl's, PetSmart, Dick's Sporting Goods, Bed Bath & Beyond, and the TJX Companies.〔(【引用サイトリンク】publisher=DDR Corp. )〕 In February 2014, David Oakes was appointed as DDR’s president and chief executive officer. Previously, Oakes had served as the company’s president and chief financial officer. 〔(【引用サイトリンク】publisher=United States Security and Exchange Commission )〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「DDR Corp.」の詳細全文を読む スポンサード リンク
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