Skanska Commercial Development Europe and Innogy Innovation Hub signed a strategic cooperation agreement regarding technology development in the commercial real estate industry. This is the first agreement between the fund, which invests in property technology (PropTech) and construction technology (ConTech) innovation. Under the agreement, Skanska will cooperate with PropTech and ConTech focused startups within the Innogy Innovation Hub portfolio. By the end of the year, the partners intend to carry out the first implementation projects with respect to Skanska Commercial Development Europe office building in Poland, the Czech Republic, Romania and Hungary.
