SPM acquires Campus Science Park from Corebridge

Campus Science Park, a modern business complex located in Brno, Czech Republic, has been acquired by the Czech investment group SPM. The complex was purchased from Corebridge Real Estate Investors (“CREI”), which developed the park in phases in partnership with developer White Star Real Estate. This best-in-class large-scale asset offers approximately 50,000 sqm of lettable area and holds LEED Gold certification. The transaction value made it one of the largest transactions in the office real estate segment in 2025 to date at a price exceeding CZK 2.3 billion.

“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, to build a well-diversified portfolio of commercial real estate in the Czech Republic. Our operational goal will be to further increase occupancy while maintaining a high standard of service for our tenants. Within the real estate sector, we will now be looking primarily for attractive residential properties, especially those located in Prague 5,” says Kateřina Skalická, Partner of SPM Invest.

Kevin Reid, COO of Corebridge Real Estate Investors, says, “Throughout our long history of partnering with White Star and predecessor entities in the region, we have always focused on best-in-class developments. This discipline has allowed us to consistently achieve liquidity, even with larger office lot sizes in challenging markets. CREI looks forward to leveraging the capital generated from this successful exit into new European investment opportunities.”

Stuart Jordan, CEO of 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.”

Savills, Clifford Chance, TPA and Sentient represented the seller, with Wilsons, ASB and Cushman & Wakefield advising the buyer.