Polish modular producer Polcom will be able to expand its operations thanks to a financial package provided by a consortium of banks to which the EBRD is contributing PLN 108.43 million (€25 million equivalent).

Globalworth has inaugurated the most advanced lobby in the region, with a number of innovations and technological premieres that include the world's largest kinetic floor in an office building, the longest screen wall in CEE, the largest natural green wall in an office building SEE, a space to relax with heated marble steps, Schindler projectors and Pepper, Globalworth's first robot employee. According to the developer, the Globalworth Tower building, which welcomes some 30,000 visitors daily, has become a benchmark for office space innovation and sustainability.

ProperGate has signed a cooperation agreement with CFE. The intelligent logistics management system, developed by ProperGate, will be pilot tested at the construction site of one of the biggest retail centres in the Mazury district.

M7 Real Estate and Conan Lauterpacht, formerly Head of Corporate Venturing at Altus Group, have established M7 Structura, a new European-focused venture capital firm dedicated to real estate technology. M7 Structura announced the launch of its first fund, which will invest in revenue generating PropTech companies at the institutional seed investment to Series A fundraising stage.

Unissu.com, the world’s only PropTech marketplace, has raised US$800,000 of investment led by M7 Real Estate alongside a number of other high profile international experts in the field of digital transformation in real estate. These include Harry Hill, Founder of Rightmove, the Central Europe-based Property Forum, Asia PropTech and Robert Gilchrist, the former CEO of Rockspring. Richard Croft, Executive Chairman of M7, has also joined Unissu’s board of directors.

P3 Logistic Parks has signed an exclusive agreement to partner with Virtuplex, Europe’s largest B2B virtual reality laboratory, to explore the application of VR technology in the logistics warehouse space.

Digitizing commercial property provides endless new opportunities for owners and managers of large property portfolios. No one knows this better than Dr. Robert Herman MRICS, who left Hungary three years ago to start a tech company in California. He talked to us about the importance of technology in the property business and his new role as a member of the RICS in the Americas Board.

The retail sector has been heavily affected by the changes brought on by technology. Solutions such as indoor localization provide limitless opportunities for retailers wanting to stay ahead of the competition. Oren Rosen, Co-Founder of Israeli startup Infuse Location Ltd talked to Property Forum about the changing shopping experience.

Spaceflow announced the completion of a €1.6 million funding round led by Credo Ventures with participation from Day One Capital and UP21. The round will help Spaceflow achieve its strategic growth goals in the USA and UK, and also expand its product development team to continue refining its platform and service offerings.

Cushman & Wakefield announced its strategic partnership with Fifth Wall, a venture capital firm focused on technology solutions for the global real estate industry.