Sentences with phrase «macquarie ddr»

The assets, currently owned by EPN, were previously owned by EDT Retail Trust, which was originally listed on the Australian Stock Exchange in 2003 as the Macquarie DDR Trust.

Upon the closing of the entitlement offering, ENP will acquire the Macquarie Group's 50 percent interest in Macquarie DDR Management LLC, the operating manager for the Macquarie DDR Trust.

These days, DDR can be picky about its partners and can even demand a promote structure, such as its Macquarie DDR Trust with Australian Macquarie Bank Limited, where DDR takes a larger share of the profits after both parties initial investment is paid.

That is why DDR's modus operandi going forward will be infinite - life partnerships such as Macquarie DDR Trust.

Macquarie DDR Trust's portfolio includes 25 community centers containing more than 12 million square feet of space and worth more than $ 1 billion.

In fact, just days before Centro's announcement, Macquarie DDR added two centers to its portfolio.

The deal is a joint venture between DDR and Macquarie DDR Trust (which is an already existing joint venture between DDR and Australia's Macquarie Bank).