Developers Diversified Realty Corporation · Beachwood, OH United States ·(NYSE: DDR)
Company Description
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Developers Diversified Realty (DDR) is a self-administered real estate investment trust (REIT) that acquires, develops, renovates, leases, and manages retail and office properties. Its portfolio includes about 670 community shopping centers, more than 30 enclosed malls and other retail properties, as well as about a half dozen office and industrial centers and more than 2,000 acres of undeveloped land. Almost half of its shopping centers are owned through joint ventures. Altogether, the firm owns or manages approximately 153 million sq. ft. of leasable space in 45 states, as well as Brazil, Canada, and Puerto Rico. To read the full description, subscribe now.
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Key Developers Diversified Realty Corporation Financials
| Company Type | Public - NYSE: DDR Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $931.5 |
| 2008 Employees | 768 |
Developers Diversified Realty Corporation Executives
35 executives listed for Developers Diversified Realty Corporation's Beachwood, OH location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Scott Wolstein | Network |
| President and COO | Daniel Hurwitz | Network |
| EVP and CFO | William Schafer | Network |
Competition
Competitive Landscape for Developers Diversified Realty Corporation
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.Top Developers Diversified Realty Corporation Competitors
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