DDR Corp. has appointed Luke Petherbridge senior vice president of 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 chief executive officer 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.
Before that, Petherbridge served as director of transactions with boutique real estate investment company Rubicon Asset Management. While in this role, he worked on transactions focusing on U.S., European and Japanese real estate and real estate structured finance.
DDR is a self-managed REIT that owns and manages 538 value-oriented shopping centers representing 134 million square feet in 41 states, Puerto Rico and Brazil.
