DDR successfully sells 50 percent interest in Sonae Sierra Brazil BV Sarl to Alexander Otto and his affiliates for $344 million

Client(s) DDR Corp.

Jones Day advised DDR Corp., a self-administered and self-managed real estate investment trust, in the sale of its 50 percent ownership interest in Sonae Sierra Brazil BV Sarl, a Luxembourg company, to Mr. Alexander Otto and his affiliates for $344 million.