HFF advises Odyssey Partners on the refinancing of Sainsbury's supermarket in London, England

Sainsbury's Supermarket, 181 High Street, Beckenham,
London, England

Claudio Sgobba

LONDON, ENGLAND –– HFF Real Estate Limited (HFF) announces the refinancing of the Sainsbury's supermarket, a purpose-built supermarket totaling 45,000 square feet along with 277 decked car spaces in Beckenham, London.

The HFF team worked on behalf of Odyssey Partners, which purchased the property on behalf of a Singaporean private investor.  The five-year facility was provided by Ahli United Bank (UK) PLC.

Originally developed in the 1980’s, Odyssey Partners plan to reposition the property into a high-quality, residential-led mixed-use development.  The property is located at 181 High Street in Beckenham, London.

“The property fits in with our strategy to acquire assets with strong retail covenants that offer redevelopment potential in the medium term,” said Andrew Bygrave, managing director for Odyssey Partners.

Andrew Bygrave

The debt placement team included managing director Claudio Sgobba and associate Karan Mahajan.

“The property provides Odyssey Partners with an excellent opportunity to unlock value through potential redevelopment of the site,” Sgobba said.

Founded in 2010, Odyssey Partners is a privately held, independent real estate development and investment manager.

Based in Singapore, with offices in London and Bangkok, Odyssey Partners’ approach concentrates on both capital preservation and wealth creation through acquiring high quality assets, active asset management schemes and undertaking development projects.

Karan Mahajan

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital mrkets services to the global commercial real estate industry.

 HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. 

HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF).  For more information, please visit hfflp.com or follow HFF on Twitter @HFF.

CONTACTS: 

                                                                       

CLAUDIO SGOBBA
HFF Managing Director
44-020 7509 6722

csgobba@hfflp.com  

KIMBERLY STEELE

HFF Digital Content/Public Relations Specialist

1 (713) 852-3420

ksteele@hfflp.com