Oval Real Estate sells 14 St George Street, London, for about £173M

CoStar reported that Oval Real Estate completed the sale of the freehold interest in 14 St George Street in London's West End for around £173 million, implying a 3.4% net initial yield. The buyer was described as a private Singaporean investor client of BNP Paribas Real Estate. The transaction was cited as evidence that major London office deals continue to complete despite elevated geopolitical uncertainty.