FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Otto Alexander 		2. Issuer Name and Ticker or Trading Symbol

DDR CORP [ DDR ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

KG CURA VERMOGENSVERWALTUNG G.M.B.H.&CO., WANDSBEKER STR. 3-7 		3. Date of Earliest Transaction (MM/DD/YYYY)

6/18/2013
(Street)

HAMBURG, 2M 22179
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Call Option (obligation to sell)   $15.50   6/18/2013     E     V    6810538      (1) (2) (3)   (1) (2) (3) Common Stock   6810538   $0.00   0   D    
Call Option (obligation to sell)   $15.6016   6/18/2013     S         6810538      (4) (5) (6)   (4) (5) (6) Common Stock   6810538   $0.00   6810538   D    

Explanation of Responses:
( 1)  On June 18, 2013, the covered call option written by Mr. Alexander Otto ("Mr. Otto") pursuant to the amended covered call option agreement (the "Amended Covered Call Agreement"), dated October 2, 2012, to cover a period of 10 months, was cancelled and rolled forward into the Second Amended Covered Call Agreement (as defined and discussed in Footnotes 3 and 4). Pursuant to the Amended Covered Call Agreement, Mr. Otto wrote a covered call option with respect to 6,810,538 shares beneficially owned by Mr. Otto, which was separated into 15 separate components containing an aggregate amount of 6,810,538 call options: 14 of which contain 454,035 call options and 1 of which contains 454,048 call options. (Continued to Footnote 2)
( 2)  (Continued from Footnote 1) All of the call options under the Amended Covered Call Agreement had an exercise price of $15.50 per share, which was determined on October 2, 2012. The premium per share to Mr. Otto under the Amended Covered Call Agreement was $0.2435, for an aggregate net premium of $1,658,366. (Continued to Footnote 3)
( 3)  (Continued from Footnote 2) Each of the 14 components containing 454,035 call options would have expired on July 15, 16, 17, 18, 19, 22, 23, 24, 25, 26, 29, 30, and 31 and August 1 of 2013, respectively, and the component containing 454,048 call options would have expired on August 2, 2013 (for each component, the "Amended Expiration Date"). The call options constituting each component of the covered call option could have been exercised only on the Amended Expiration Date for that component. The underlying shares with respect to the options are pledged by Mr. Otto until such time as the options expire. (Continued to Footnote 4)
( 4)  (Continued from Footnote 3)On June 18, 2013, Mr. Otto rolled forward the Amended Covered Call Agreement by amending and restating the terms and conditions of the Amended Covered Call Agreement (as amended and restated, the "Second Amended Covered Call Agreement"). In the Second Amended Covered Call Agreement, the exercise price was increased and the expiration or maturity dates of the call options were extended. The amount of shares subject to the Second Amended Covered Call Agreement remains the same. Pursuant to the Second Amended Covered Call Agreement, Mr. Otto wrote a covered call option with respect to 6,810,538 shares beneficially owned by Mr. Otto, which is separated into 15 separate components containing an aggregate amount of 6,810,538 call options: 14 of which contain 454,035 call options and 1 of which contains 454,048 call options. (Continued to Footnote 5)
( 5)  (Continued from Footnote 4)All of the call options under the Second Amended Covered Call Agreement have an exercise price of $15.6016, which was determined on June 18, 2013. There is no premium for Mr. Otto under the Second Amended Covered Call Agreement. (Continued to Footnote 6)
( 6)  (Continued from Footnote 5) Each of the 14 components containing 454,035 call options expires on August 15, 18, 19, 20, 21, 22, 25, 26, 27, 28 and 29, 2014 and September 2, 3, and 4, 2014, respectively, and the component containing 454,048 call options expires on September 5, 2014 (for each component, the "Second Amended Expiration Date"). The call options constituting each component of the covered call option may be exercised only on the Second Amended Expiration Date for that component. The underlying shares with respect to the options are pledged by Mr. Otto until such time as the options expire.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Otto Alexander
KG CURA VERMOGENSVERWALTUNG G.M.B.H.&CO.
WANDSBEKER STR. 3-7
HAMBURG, 2M 22179
X


Signatures
/s/ KG CURA Vermogensverwaltung G.m.b.H.&Co., by power of attorney 6/20/2013
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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