A major property deal has been negotiated that will see the AA make a multi-million pound commitment to keeping its headquarters in Basingstoke in the decades to come by moving into new offices on Basing View. The high profile company that has been synonymous with Basingstoke for over 40 years is set to leave Fanum House and move into new headquarters in Basing View, thanks to Basingstoke and Deane Borough Council’s forward-thinking plan to work with property developer Abstract Securities on a 60,535 sq. ft. state-of-the-art new Grade A office building. The timescale for completion of the office, to be known as The Florence Building, is March 2018.
While other locations were considered by the AA, the availability of this new modern office space, as well as the town’s excellent transport connections, proximity to London and access to a skilled workforce secured the AA’s decision to stay in Basingstoke .
The transformational regeneration programme for Basing View is already well advanced and has seen Waitrose and John Lewis at home locate their largest combined store in the town and Network Rail open a regional campus and training hub here. This new office and the AA’s long term commitment to the town is another exciting step forward in the redevelopment of Basing View.« Back to news
Basingstoke and Deane has been recognised as a great place to do business, being named as one of the top office locations outside London, and the fourth best in the South East. The league table of workplace winners, published in Property Week, puts the borough ahead of locations such as of Guildford, Wokingham and Winchester. […]Read more »
Strong demand and limited supply is driving plans for the development of new Grade A office space in Basingstoke. Last year, office lettings in the town totalled 260,000 sq ft with almost 50% of these on Basing View, the town’s 65-acre central business district. Significant deals included the 45,000 sq ft pre let to Eli […]Read more »
People are being asked for their views on plans to ensure the borough’s economy remains resilient for years to come. A consultation on the draft Economic Growth Strategy is now open for people to give their feedback. The strategy has been prepared by Basingstoke and Deane Borough Council after working with local partners, businesses and […]Read more »
Mark Glatman’s Abstract Securities have announced that they have let ‘The Florence Building’ in Basingstoke, to Sovereign Housing Association, and subsequently sold the entire share capital of the Company which owns the asset, on behalf of its shareholders, to LGIM Real Assets (Legal & General). Legal and General has bought the building on behalf of […]Read more »