Responsible investment.
Tangible impact.
At Focus Estate Management, we integrate environmental, social, and governance (ESG) principles into every investment decision — not as a formality, but as a driver of long-term value.
On the environmental front, we are committed to reducing the footprint of our assets by installing solar panels across the portfolio, expanding EV-charging infrastructure, upgrading outdated technical equipment, and promoting environmentally conscious operations across all properties.
From a social perspective, we strive to build community-friendly retail environments by hosting local events, improving accessibility for people with disabilities, and supporting charitable initiatives that benefit the neighborhoods we operate in.
In terms of governance, we adhere to strict anti-corruption standards and prioritize transparency, ethical conduct, and accountability at every level of our business.

ECOLOGICAL INITIATIVES
ADOPTION OF SOLAR POWER
We have begun a transformational journey to convert our entire shopping centre portfolio to solar-powered facilities.
By fully committing to solar energy, we are significantly improving the customer experience while making a positive impact on the environment. This strategic change is a testament to our commitment to a greener and more sustainable future.
We are on track to implement solar panels on the rooftops of all our managed shopping centers, featuring capacities ranging from 800 kW to 1 MW.
CO₂ emission reduction due to our ESG initiatives (solar panels) already reached 162,780 kg/year.

SUSTAINABLE NEIGHBORHOODS
Another initiative is to make neighbourhoods sustainable, inclusive, and safe, as we build bike stations and electric vehicle charging stations at our sites.
Our aim is to create comfortable public destinations for socializing across all age groups, with convenient access for everyone — including older persons and individuals with disabilities — and with green spaces on site. We strive to transform our centers, through an attentive tenant-mix strategy that reflects the social and economic needs of the community, into key retail clusters within the neighbourhoods they serve.

SOCIAL INITIATIVES
TEMPORARY SUPPORT CENTRE FOR REFUGEES
At one of our assets, Turawa Park Shopping Center in Opole, a support and volunteer center for Ukraine was established just a few weeks after the start of the war.
We dedicated more than 9,000 sqm of our own space to create the Temporary Support Centre for Refugees (TOWU) at Turawa Park and signed a Memorandum of Cooperation with the Polish branch of the Red Cross. In 2022, more than 150,000 Ukrainian refugees received assistance through this initiative.
Relying initially on our own resources and the potential support of local residents, we were met with an overwhelming wave of solidarity from the people of Opole. This generated strong backing from local communities, public organizations, local businesses, and humanitarian aid from other countries, including Germany, Austria, the Netherlands, and the United Kingdom.

CHARITABLE BIKE RALLY
In June 2022, we organized a charitable bike rally with around 1,000 participants and made a donation to the children’s ophthalmology clinic.

CHARITY EVENT FOR THE GOSŁAWICE VOLUNTEER FIRE BRIGADE
On 5 August 2023, we hosted a special charity event at Turawa Park Shopping Centre to raise funds for the purchase of a new fire engine for the Gosławice Volunteer Fire Brigade.
The campaign was launched in response to a tragic accident that had significantly impacted the unit’s operational capacity. The call for support was met with a generous response from the local community. We warmly thanked the residents for their commitment and generosity, and decided — on our own initiative — to double the amount of funds raised.
During the event, the Summer Zone at the shopping centre was filled with activity and expressions of support for the brave firefighters. Visitors could attend presentations by military and water rescue units and explore firefighting vehicles up close.

GOVERNANCE INITIATIVES
MEMORANDUM AGAINST CORRUPTION IN REAL ESTATE AND DEVELOPMENT INDUSTRY
We were among the initiators and signatories of the Memorandum against corruption in the real estate and development industry.
The Memorandum was prepared with the support of Transparency International Ukraine and the Office of the Business Ombudsman of Ukraine. It aims to promote the implementation of various anti-corruption and anti-fraud compliance practices across the market.

Approach
FOCUSED. STRATEGIC. VALUE—DRIVEN.
Strategic investments in mid-scale retail properties with a disciplined focus on value creation. Our hands-on approach, deep market expertise, and strong local partnerships ensure sustainable growth and optimal returns for our investors.
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Our Team
International entrepreneurial team with deep senior level involvement in all real estate project phases and elements – sourcing, analytics, risk management, private equity, development, structuring, due diligence, leasing, asset and facility management, disposition.
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Andrew Kozin
General Partner

Max Shkolnick
General Partner, M&A & Asset Management

Mykola Stetsenko
Partner, Legal

Oleksandr Romanyshyn
Partner, Analytics

Svitlana Gavrylova
Chief Operating Officer

Artem Semeniuk
Co-CFO

Tetiana Grachova
Head of Finance Department

Vladyslav Remen
Head of Asset Management

Oleksij Demydov
Head of Project Management

Anna Yavdonich
Head of Marketing

Sergiy Sushko
Investment Director Germany, Spain, Poland and Czechia

Anna Adikaeva
Head of HR

Ihor Kirichok
Head of Accounting

Maryna Kaminker
Head of Financial Control Department
Portfolio
A carefully curated selection of mid-scale commercial properties across Western and Central Europe, strategically acquired and managed to maximize value and long-term growth.
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Stay updated with the latest news, insights, and developments from Focus Estate Management.
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FOCUS ESTATE FUND EXTENDS LEASE AGREEMENTS WITH PEPCO AND DEICHMANN AT GALERIA AWANGARDA
Focus Estate Fund, an investor and asset manager of retail properties across Europe, announces the extension of lease agreements with key tenants Pepco and Deichmann at Galeria Awangarda in Bartoszyce, Poland.
April 17, 2026
FOCUS ESTATE FUND STRENGTHENS RETAIL PORTFOLIO WITH NEW LEASE AGREEMENT AT SOSNOWIEC PLAZA
Focus Estate Fund announces the signing of a new lease agreement with HalfPrice, Europe’s leading off-price retailer, for approximately 2,000 sqm of modern retail space at Sosnowiec Plaza in Sosnowiec. The transaction marks a further strengthening of the centre’s retail offering and reflects continued confidence in the resilience and growth potential of the Polish consumer market.
March 2, 2026
MR.DIY TO OPEN A STORE AT GALERIA SANDECJA IN NOWY SĄCZ
Galeria Sandecja in Nowy Sącz, owned by Focus Fund, will welcome a new international tenant – MR.DIY. A lease agreement for a 745 sq m retail unit was signed recently, with the store scheduled to open in the second quarter of 2026.
February 23, 2026
FOCUS ESTATE FUND SECURES NEW SENIOR FINANCING WITH PEKAO FOR TRILOGY PORTFOLIO
FOCUS Estate Fund, a leading European real estate asset management company, is pleased to announce the successful closing of a new senior financing facility of EUR 10.5 million with Bank Pekao S.A.
February 20, 2026
Focus Estate Fund Successfully Turns Around the Turawa Park Shopping Centre in Opole
Focus Estate Fund continues to successfully turn around Turawa Park in Opole — a multi-format shopping centre comprising a gallery, an existing retail park and a former DIY box, which has been redeveloped into a modern retail park
January 12, 2026
FOCUS ESTATE FUND FULLY REPAYS ATRIUM LOAN AND SECURES NEW SENIOR FINANCING FOR FERIO LEGNICA
FOCUS Estate Fund, one of a leading European real estate asset management companies, has fully repaid its vendor loan from G City Europe Group (ex-Atrium Group), demonstrating strong financial discipline and operational efficiency
January 8, 2026
Focus Estate Fund and ChargeEuropa to Install EV Charging Stations Across Portfolio of Polish Shopping Centers
Focus Estate Fund today announcing a comprehensive plan to introduce modern electric vehicle (EV) charging infrastructure across its retail portfolio, further strengthening its ESG strategy and commitment to sustainability.
October 13, 2025
Focus Estate Fund Expands European Retail Portfolio with Acquisition of BariMax Shopping Village in Bari, Italy
Focus Estate Fund, an investment fund specializing in value-add non-prime convenience retail assets across UK, Western and Central Europe, is pleased to announce the acquisition of BariMax Shopping Village, a retail park located in the northern part of Bari city, Italy.
September 17, 2025
Focus Estate Fund fills two anchor voids at Island Green, Wrexham
Focus Estate Fund has secured lettings on two of the largest vacant units at Island Green Shopping Centre in Wrexham — the former Wilko and Asda Living stores — marking a major step forward in repositioning the scheme.
July 22, 2025
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