DDR Corp. is planning to sell $200 million worth of non-prime and non-income producing assets and bring $75 million of development online. Daniel B. Hurwitz, Chief Executive Officer, said in a statement that 2012 was a success.

“We have positioned the company for future growth with attractive investments, and our primary tenants continue to increase market share and have a significant need for new stores. With a dramatically improved portfolio of high quality prime power centers, a unique and proven operating platform, and a competitive cost of capital, we expect to generate strong relative total returns in 2013 and beyond.”