DDR Corp. (DDR) Tops Q4 FFO by 2c
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DDR Reports Fourth Quarter and Year End 2017 Operating Results
February 15, 2018 4:15 PM ESTBEACHWOOD, Ohio--(BUSINESS WIRE)-- DDR Corp. (NYSE: DDR) today announced operating results for the quarter ended December 31, 2017.
2017 was a transformational year for DDR, highlighted by the announced spin-off of Retail Value Inc., a restructuring of our balance sheet, and a stream-lining of our organization. Our operating results decelerated from the prior year, but same store NOI growth was ahead of our original forecasts and was flat in the continental U.S. portfolio despite a significant decline in occupancy from tenant bankruptcies, commented David R. Lukes, president and chief executive officer. Going forward, we... More
