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Winterthur Buys Basingstoke Office Building

LONDON-Winterthur Life UK, the wholly-owned subsidiary of Credit Suisse, has acquired the 42,000-sf Dextra Court at Chapel Hill, Basingstoke, Hampshire. It paid around pounds 4.5 million ($7.24 million)

By Charlie Jacoby | Updated on January 06, 2003

LONDON-Credit Suisse subsidiary Winterthur Life UK is thought to have paid around £4.5 million ($7.24 million) for the 42,000-sf Dextra Court at Chapel Hill, Basingstoke, Hampshire. It plans to occupy the building itself.

The two-storey building, adjacent to the main line railway station was developed in 1987 by Heron Hi Tech and funded by Unilever Superannuation fund and originally let to Eli Lilly & Company, which is now relocating. The investment was purchased by Helical Bar approximately four years ago.

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