ddr up 12.9% after results, good sign.

DDR (stakeholder in MDT and US mall operator) has posted their results and had a gain of 12.9% overnight. Things are not all doom and gloom there in the US, though they seem to have a better handle on their debt.

Decreasing yields of less than 5% due to vacancy rates still means a reasonable outcome especially on good numbers of new leases and renewals.