20 April 2017

New Grade A home secured for AA

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.

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Recent news

11 February 2019

Have your say on strategy to support the borough’s economic growth

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 […]

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16 January 2019

Abstract Double in Basingstoke

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 […]

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03 August 2018

New Basing View offices to boost Basingstoke’s business offer

A major Basingstoke employer is set to get a new home after plans were approved by Basingstoke and Deane Borough Council. Long-established international pharmaceutical company, Eli Lilly and Company, will move its employees into a new 45,000 sq ft headquarters at Basing View after planning permission for the new development was granted last month. Supported […]

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05 April 2018

Basingstoke ‘Invest To Grow Fund’ forward funds new office for pharmaceutical giant Eli Lilly and Company

Basingstoke and Deane Borough Council has forward funded a new office in Basing View for one of Basingstoke’s most long-established international occupiers, Eli Lilly and Company, through its pioneering ‘Invest to Grow Fund.’ This is the first project to be supported by the ‘Invest to Grow Fund’, which is aimed at stimulating commercial property and […]

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