DDR » Topics » ECE Projektmanagement Joint Venture

This excerpt taken from the DDR 8-K filed Aug 10, 2009.
ECE Projektmanagement Joint Venture
 
In May 2007, ECE Projektmanagement G.m.b.H & Co. KG (“ECE”), a fully integrated international developer and manager of shopping centers based in Hamburg, Germany, and the Company formed a new joint venture (“ECE Joint Venture”) to fund investments in retail developments located in western Russia and Ukraine. The joint venture is owned 75% by the Company and 25% by ECE of which the Investor is currently the Chairman of the Executive Board. This joint venture is consolidated by the Company. The Company intends to commence construction on various developments only after substantial tenant leasing has occurred and construction financing is available, including these projects and the Company can meet its capital obligations. While there are no assurances any of these proposed development projects will be undertaken, they provide a source of potential development projects over the next several years.
 
These excerpts taken from the DDR 10-K filed Feb 27, 2009.
ECE Projektmanagement Joint Venture
 
In May 2007, ECE Projektmanagement G.m.b.H & Co. KG (“ECE”), a fully integrated international developer and manager of shopping centers based in Hamburg, Germany, and the Company formed a new joint venture (“ECE Joint Venture”) to fund investments in retail developments located in western Russia and Ukraine. The joint venture is owned 75% by the Company and 25% by ECE of which the Investor is currently the Chairman of the Executive Board. This joint venture is consolidated by the Company. The Company intends to commence construction on various developments only after substantial tenant leasing has occurred and construction financing is available, including these projects and the Company can meet its capital obligations. While there are no assurances any of these proposed development projects will be undertaken, they provide a source of potential development projects over the next several years.
 
ECE Projektmanagement Joint Venture
 
In May 2007, ECE Projektmanagement G.m.b.H & Co. KG (“ECE”), a fully integrated international developer and manager of shopping centers based in Hamburg, Germany, and the Company formed a new joint venture (“ECE Joint Venture”) to fund investments in retail developments located in western Russia and Ukraine. The joint venture is owned 75% by the Company and 25% by ECE of which the Investor is currently the Chairman of the Executive Board. This joint venture is consolidated by the Company. The Company intends to commence construction on various developments only after substantial tenant leasing has occurred and construction financing is available, including these projects and the Company can meet its capital obligations. While there are no assurances any of these proposed development projects will be undertaken, they provide a source of potential development projects over the next several years.
 
ECE
Projektmanagement Joint Venture



 



In May 2007, ECE Projektmanagement G.m.b.H & Co. KG
(“ECE”), a fully integrated international developer
and manager of shopping centers based in Hamburg, Germany, and
the Company formed a new joint venture (“ECE Joint
Venture”) to fund investments in retail developments
located in western Russia and Ukraine. The joint venture is
owned 75% by the Company and 25% by ECE of which the Investor is
currently the Chairman of the Executive Board. This joint
venture is consolidated by the Company. The Company intends to
commence construction on various developments only after
substantial tenant leasing has occurred and construction
financing is available, including these projects and the Company
can meet its capital obligations. While there are no assurances
any of these proposed development projects will be undertaken,
they provide a source of potential development projects over the
next several years.


 




ECE
Projektmanagement Joint Venture



 



In May 2007, ECE Projektmanagement G.m.b.H & Co. KG
(“ECE”), a fully integrated international developer
and manager of shopping centers based in Hamburg, Germany, and
the Company formed a new joint venture (“ECE Joint
Venture”) to fund investments in retail developments
located in western Russia and Ukraine. The joint venture is
owned 75% by the Company and 25% by ECE of which the Investor is
currently the Chairman of the Executive Board. This joint
venture is consolidated by the Company. The Company intends to
commence construction on various developments only after
substantial tenant leasing has occurred and construction
financing is available, including these projects and the Company
can meet its capital obligations. While there are no assurances
any of these proposed development projects will be undertaken,
they provide a source of potential development projects over the
next several years.


 




This excerpt taken from the DDR 8-K filed Dec 3, 2008.
ECE Projektmanagement Joint Venture
 
In May 2007, ECE Projektmanagement G.m.b.H & Co. KG (“ECE”), a fully integrated international developer and manager of shopping centers based in Hamburg, Germany, and the Company formed a new joint venture (“ECE Joint Venture”) to fund investments in retail developments located in western Russia and Ukraine. The joint venture is owned 75% by the Company and 25% by ECE. This joint venture is consolidated by the Company.
 
This excerpt taken from the DDR 10-K filed Feb 29, 2008.
ECE Projektmanagement Joint Venture
 
In May 2007, ECE Projektmanagement G.m.b.H & Co. KG (“ECE”), a fully integrated international developer and manager of shopping centers based in Hamburg, Germany, and the Company formed a new joint venture (“ECE Joint Venture”) to fund investments in retail developments located in western Russia and Ukraine. The joint venture is owned 75% by the Company and 25% by ECE. This joint venture is consolidated by the Company.
 
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