Savills News

The AA agree new HQ in Basingstoke

Mactaggart Family & Partners are pleased to announce that they have signed an agreement for lease with The AA to move their Headquarters to Plant in Basingstoke.  

Thanks to the expert development management of Longstock Capital, The AA has taken over 41,000 sq ft for 15 years and will take occupation after the summer when the redevelopment completes.

 

Plant, previously called Mountbatten House, will provide c.150,000 sq ft of best-in-class BREEAM outstanding office space. Originally built in 1976 and way ahead of its time, the Arup-designed building is Grade II listed and provides a very unique office environment, with access throughout to large garden terraces.

 

The building is being marketed by Savills and Hollis Hockley.

 

William Laxton, CEO,  Mactaggart Family & Partners, says: “We look forward to welcoming The AA to their new home after the building completes in the Summer. We have had healthy interest from the occupier market, which we expect to intensify as the building continues to take shape over the coming months. As a business of such high standing and significance in the UK, The AA taking a 15-year lease proves that businesses are happy to commit for the right assets, assets that genuinely satisfy the needs of employees and stakeholders in terms of environmental credentials, design quality, and occupier experience.”

 

Jakob Pfaudler, CEO of The AA, adds; “This move aligns with our ambition to modernise the AA and supports our vision and environmental ambitions.

 

“This move will be somewhat bittersweet for us, marking the end of 50 years at our historic home of Fanum House, dating back to the late Queen opening the building in 1973. But at the same time it represents a key moment in transforming The AA into a fresh, flexible and modern company.”

 

Recommended articles