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DDR names capital markets exec


Beachwood, Ohio -- DDR Corp. announced the appointment of Luke Petherbridge as senior VP capital markets. In this role, Petherbridge will be primarily responsible for capital raising, actively managing the balance sheet and maintaining strong lender relationships.

Prior to joining DDR, Petherbridge served recently as the CEO and a director of shopping center owner EDT Retail Trust (formerly Macquarie DDR Trust), a company which had been publicly traded on the Australian Stock Exchange and previously managed in a joint venture between DDR and Macquarie Group. Before that, he served as director of transactions with boutique real estate investment company Rubicon Asset Management.

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