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Filed Pursuant to Rule 424(b)(7)
Registration No. 333-37067
PRICING SUPPLEMENT NO. 6, dated January 7, 1997
This Pricing Supplement is used in reliance on Rule 434 under the Securities Act
of 1933, as amended (the "Act"), and supplements the Prospectus dated October
24, 1997 and the Prospectus Supplement dated October 24, 1997. For purposes of
Section 10(a) of the Act, the final prospectus relating to the securities
offered hereby consists of this Pricing Supplement, the Prospectus and the
Prospectus Supplement and the documents incorporated therein by reference.
$250,000,000
Developers Diversified Realty Corporation
Medium-Term Notes
Senior Fixed Rate Notes
Due from 9 Months or More From Date of Issue
Principal Amount: $100,000,000
Issue Price: 99.744%
Original Issue Discount: $256,000
Original Issue Date: January 12, 1998
Maturity Date: January 15, 2008
Interest Rate: 6.625%
Yield to Maturity: 6.663%
Agent's Commission: .625%
Agent's Capacity: Principal
Net Proceeds to Company: $99,119,000
Agent: Morgan Stanley Dean Witter
CUSIP: 25159N AV7
This Pricing Supplement supplements the Prospectus and Prospectus Supplement
with respect to both (1) the initial offering of Medium-Term Notes and (2)
market-making transactions in Medium-Term Notes by Morgan Stanley Dean Witter.