SPM Investment Group acquires The Campus Science Park in Brno for over 2.3 billion CZK, marking its largest transaction and a strategic expansion in the Czech commercial real estate market.

Target Information

The Campus Science Park is a prominent office complex located in the business and research heart of Brno, Czech Republic. Spanning a rental area of over 50,000 square meters, it is comprised of five interconnected office buildings, which were developed in stages from 2009 to 2018. This complex provides premium office space utilized by notable companies, including AT&T, KBC, Seznam.cz, Česká spořitelna, Novanta, and Nexars. The property also features 729 parking spaces and boasts LEED Gold certification, highlighting its commitment to sustainability.

Previously owned by the multinational company Corebridge Real Estate Investors, The Campus Science Park has now been acquired by SPM Investment Group, founded by well-known Czech entrepreneurs Slavomír Pavlíček and Marek Španěl. This acquisition marks SPM's largest transaction to date, with the deal valued at over 2.3 billion CZK, positioning them strategically in Brno's commercial real estate market.

Industry Overview in the Czech Republic

The commercial real estate sector in the Czech Republic has experienced robust growth, particularly in urban areas like Brno and Prague. Brno, as a hub of academic and technological development, has seen increasing demand