The Plaza Centers Group is a leading emerging markets developer of shopping and entertainment centres, focusing on developing new centres and, where there is significant redevelopment potential, redeveloping existing centres, in both capital cities and important regional centres. The Group has been present in the Central and Eastern Europe region ("CEE") since 1996 and was the first to develop western-style shopping and entertainment centres in Hungary. The Group has pioneered this concept throughout the CEE whilst building a strong track record of successfully developing, letting and selling shopping and entertainment centres. Since 2006 the Group has extended its area of operations beyond CEE into India and since 2010 into the USA and is considering development and investment opportunities in other countries, such as Croatia and Slovakia. In 2010 Plaza took advantage of real estate opportunities in the US and made with its joint venture partners, its first acquisition of a strategic stake in EDT Retail Trust which owns 48 retail properties located in 20 states and will continue to source other acquisitions in the region.