The Czech investment group SPM has acquired Campus Science Park, a modern business complex in Brno. The vendor was Corebridge Real Estate Investors, the original developer of the park, who built it in partnership with White Star Real Estate. The asset offers a LEED Gold certification along with roughly 50,000 sqm GLA. It’s an impressive deal, given the supposed lack of demand for office product.
The transaction value makes it one of the largest transactions in the office real estate segment in 2025, as the price exceeded CZK 2.3 billion. Savills, Clifford Chance, TPA and Sentient represented the seller with Wilsons, ASB and Cushman & Wakefield advising the buyer.
“Following last year’s successful acquisition of Prague’s Palác Křižík, it made sense for us to strategically strengthen our position in Brno as well,” said SPM partner Kateřina Skalická. “Our operational goal will be to further increase occupancy while maintaining a high standard of service for our tenants.” She said SPM Invest will continue searching for suitable real estate assets. “We will now be looking primarily for attractive residential properties, especially those located in Prague 5,” says Skalická.
Corebridge’s COO Kevin Reid said the sale showed the value in focusing on best-in-class development. “This discipline has allowed us to consistently achieve liquidity, even with larger office lot sizes in challenging markets.”
Stuart Jordan, CEO Savills, Central & Eastern Europe, adds: “Irrelevant of market cycle, real estate of high build quality will always show its resilience in attracting and retaining tenants and therefore benefitting from strong liquidity fundamentals.”
