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of our assets by installing solar panels across the portfolio, expanding EV-charging infrastructure, upgrading outdated technical equipment, and promoting environmentally conscious operations across all properties.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

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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SOSNOWIEC PLAZA EXPANDS ITS RETAIL OFFER WITH THREE NEW TENANTS
Sosnowiec Plaza continues to strengthen its retail offering with the signing of three new lease agreements that will further enhance the shopping experience for customers and reinforce the center’s position as one of the leading retail destinations in the region.
June 12, 2026
FOCUS ESTATE FUND SECURES ADDITIONAL €5 MILLION FINANCING FROM BNP PARIBAS BANK POLSKA FOR TURAWA PARK ASSET
Focus Estate Fund, a private equity real estate investment fund specializing in value-add retail properties across Central and Eastern Europe, has signed an annex to its existing credit agreement with BNP Paribas Bank Polska.
June 10, 2026
MR.DIY TO OPEN AT EDEN RETAIL PARK IN ZGORZELEC ON 13 JUNE
Zgorzelec, Poland – June 2026 – Eden Retail Park continues to strengthen its retail offering with the upcoming opening of MR.DIY, one of the world’s leading home improvement and lifestyle retailers.
June 5, 2026
TURAWA PARK STRENGTHENS ITS TENANT MIX WITH NEW OPENINGS AND EXPANSIONS
Opole, Poland – June 2026 – Turawa Park, one of the leading retail destinations in the Opole region, continues to strengthen its offer with a series of new openings and an expansion agreement with one of its long-standing tenants
June 3, 2026
RYBNIK PLAZA STRENGTHENS ITS OFFER – IKEA TO OPEN A PLAN AND ORDER POINT IN JUNE 2026
IKEA is set to join the tenant mix of Rybnik Plaza, where it will occupy a 330.3 sqm space. The new Plan and Order Point is scheduled to open in June, 2026, bringing a broad range of home furnishing and interior design solutions closer to local customers
May 7, 2026
JYSK TO OPEN NEW STORE AT TURAWA PARK IN AUGUST 2026
Turawa Park is set to welcome JYSK, which will occupy a 994.14 sqm space in the center. The store is scheduled to open in August 2026, providing local shoppers with convenient access to a broad range of home furnishings and interior products.
April 21, 2026
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
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