Czech investment group SPM has acquired Campus Science Park, a business complex in Brno, from Corebridge Real Estate Investors (CREI). The complex was developed in phases by CREI in partnership with developer White Star Real Estate.
The property offers approximately 50,000 sqm of leasable area and holds LEED Gold certification. The transaction value exceeded CZK 2.3 billion (approximately €90 million), making it one of the largest office real estate transactions in 2025 to date.
"Following last year's acquisition of Prague's Palác Křižík, it made sense for us to strengthen our position in Brno as well, with the aim of building a well-diversified portfolio of commercial real estate in the Czech Republic," says Kateřina Skalická, Partner of SPM Invest. "Our operational goal will be to further increase occupancy while maintaining a high standard of service for our tenants."
Kevin Reid, COO of CREI, says: "Throughout our history of partnering with White Star and predecessor entities in the region, we have always focused on developments. This discipline has allowed us to achieve liquidity, even with larger office lot sizes in challenging markets."
Stuart Jordan, CEO Savills CEE, 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."
Savills, Clifford Chance, TPA and Sentient represented the seller, while Wilsons, ASB and Cushman & Wakefield advised the buyer.
