DDR is a self-administered and self-managed real estate investment trust (REIT), engaged in the business of acquiring, owning, developing, redeveloping, expanding, leasing, financing and managing shopping centers. As of Dec 31 2017, the company's portfolio consisted of 273 shopping centers (including 137 shopping centers owned through joint ventures). These properties consist of 261 shopping centers owned in the United States and 12 in Puerto Rico. At Dec 31 2017, the company owned and managed approximately 92 million total square feet of gross leasable area through all its properties (wholly-owned and joint venture). The company also owns more than 250 acres of undeveloped land.
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