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of our assets by installing solar panels across the portfolio, expanding EV-charging infrastructure, upgrading outdated technical equipment, and promoting environmentally conscious operations across all properties.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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FOCUS ESTATE FUND STRENGTHENS TURAWA PARK AS JYSK OPENS A NEW STORE
Focus Estate Fund continues to execute its value-add investment strategy by strengthening the competitiveness of its retail portfolio through active asset management, redevelopment and strategic leasing.
August 7, 2026
FOCUS ESTATE FUND AND UNICEF POLSKA CREATE SPACES FOR MEANINGFUL SOCIAL IMPACT
Shopping centres today serve not only as places to shop but also as spaces for meeting, conversation and community engagement. This is the foundation of the cooperation between Focus Estate Fund and UNICEF Polska.
July 24, 2026
ROSSMANN RETURNS WITH A REFRESHED STORE AT GALERIA MOSTY
Galeria Mosty in Płock continues to enhance its retail offering and support the ongoing development of its tenants. Following the completion of an extensive refurbishment, the Rossmann store has reopened in a refreshed, more functional space designed to provide an even more comfortable shopping experience.
July 17, 2026
GALERIA MOSTY EXPANDS ITS RETAIL OFFERING WITH THE OPENING OF TASTE ASIA AND LUX NAILS
Galeria Mosty in Płock continues to strengthen its retail offering in response to evolving customer expectations. Two new brands have recently joined the shopping centre – Taste Asia, a restaurant serving Asian cuisine, and Lux Nails, a professional nail salon.
July 16, 2026
NHOOD PROVIDES SPECIALTY LEASING SERVICES FOR 10 SHOPPING CENTERS OWNED BY FOCUS ESTATE FUND
The Nhood team in Poland, a provider of solutions and services for the real estate market will suply Specialty Leasing services for the entire portfolio of shopping centers owned by Focus Estate Fund in Poland.
July 13, 2026
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
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