With a low rate of new building construction and an insufficient rate of existing building renovation, there is the need to step up the pace of building renovation with ambitious performance targets to achieve European Union (EU) climate change policies for 2050. However, innovative technologies, including, but not limiting to, plug and play (PnP) prefabricated facades, information and communications technology (ICT)-support for building management systems (BMS), the integration of renewable energy systems (RES), building information model (BIM) and building performance simulation models (BPSM), advanced heating, ventilation, and air conditioning (HVAC), advanced geomatics, 3D-printing, and smart connectors, cannot alone solve the problem of low renovation rates of existing buildings in Europe that is hindering reaching of EU-wide targets. A workshop was held at the Sustainable Place Conference 2018 to present, with an integrative approach, the experiences from four H2020 innovation actions, i.e., 4RinEU, P2ENDURE, Pro-GET-OnE, and MORE-CONNECT, which were united by their central aims of improving building energy performance through deep renovation practices. This article presents the outcomes of the joint workshop and interactive discussion, by focusing on technical, financial, and social added values, barriers and challenges, in the context of the building renovation processes tackled by the four projects. Conclusive remarks converge on the identification of open questions to address future innovation opportunities, as well as some recommendations to be used at a policy level and/or in future implementation projects.