Learn more at www.sitecenters.com. SITE Centers Corp. is a real estate investment trust, which engages in the acquisition, development, lease, and management of shopping centers. This strategic shift was made not as a superficial one, but as an adaptive one to parallel the shifting quality of our portfolio with a concentration on generating growth and returns. "SITE Centers will remain an Ohio corporation. Completing another step in its transformation, Beachwood-based DDR Corp. (NYSE: DDR) on Friday, Oct. 12 changed its name to SITE Centers Corp. and its stock symbol to "SITC.". DDR owns and manages a portfolio of open-air shopping centers. BEACHWOOD, Ohio -- So long, DDR Corp.Note to readers: if you purchase something through one of our affiliate links we may earn a commission.Add yet another change to the seemingly endless shakeup at the Beachwood-based shopping-center business.On Tuesday, executives announced that they're ditching DDR's name and and its longtime ticker symbol. Shopping center landlord DDR Corp. announced plans to change its name to Site Centers Corp.Network, join industry discussions and find professional resourcesLearn about how to join ICSC and the benefits of membershipThe Beachwood, Ohio–based REIT will also change the ticker symbol of its common and preferred stock on the New York Stock Exchange to SITC, from DDR, effective with the opening of trading on Friday, Oct. 12.Stay connected with ICSC and continue to receive membership benefitsAccess our Member Directory and connect with colleagues"Our new brand reflects our mission to drive sustainable growth by owning and investing in high-quality communities and locations," said David R. Lukes, the firm's president and CEO, in a press release. View real-time stock prices and stock quotes for a full financial overview. Concurrent with its most recent Investor Day, DDR Corporation announced that it was changing its name to SITE Centers Corp. No action is needed from current shareholders in relation to the name or ticker symbol change.DDR Corp. (NYSE: DDR) today announced plans to change its name to SITE Centers Corp. as well as a change to the ticker symbol for common and preferred stock on the New York Stock Exchange ticker to “SITC” from “DDR” effective with the opening of trading on October 12, 2018. That's notable, since the top executives are housed in New York City.Now the DDR name, a lingering reminder of the company's roots as a shopping-center empire built over decades by the Wolstein family, will disappear.Beachwood-based DDR Corp. plans to change its name to SITE Centers Corp. at the end of this week, in another break from the company's past."Our new brand reflects our mission to drive sustainable growth by owning and investing in high-quality communities and locations," David Lukes, the company's president and chief executive officer, said in a news release. DDR Corp. (NYSE: DDR) today announced plans to change its name to SITE Centers Corp. as well as a change to the ticker symbol for common and preferred stock on the New York Stock Exchange ticker to “SITC” from “DDR” effective with the opening of trading on October 12, 2018.
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