€100 million retail investment in two Romanian cities

Each project will take up an area of 8-10 hectares and will be finalized in 2010.

A mall of around 50,000 square meters to include extensive
leisure areas, in a city in the centre of the country. The company is waiting
for  construction permits of the shopping
centre, the project building starts early next year."

Westhill changed its strategy a year after arriving on the
domestic market, having been previously interested in entering the office market.
At present, shopping centers and housing projects are the main target of the
company. They are interested in developing shopping centers and retail parks in
cities with 150,000-250,000 inhabitants and to the extent to which we find good
locations, we will also develop housing projects with blocks of flats of around
3-4 storeys.