Developers Diversified Realty Corporation is one of the largest owners and developers of more than 700 shopping centers in 45 states of the United States, Puerto Rico, Canada and Brazil. The total area is 14.6 million square feet. The company was founded in 1965 is headquartered in Beachwood, Ohio, a suburb of Cleveland. The shares are traded on the NYSE.
In April 2009, the ECE expanded its existing business share through the acquisition of new shares from a capital increase of over 20 %.