In March 2024, Oval acquired 26 freehold office, retail, residential and medical assets known as the Langham Portfolio. Located in Fitzrovia and concentrated on Great Portland street, these buildings were under invested and often not fit for purpose. Shortly after purchase 8 stabilised properties were traded to leave Oval with a core block of assets which is now known as FitzroviaCo. FitzroviaCo has been established to reposition and reimagine this part of the West End as a high-quality office and health district, with a strong focus on the public realm.

Respecting the area’s heritage status, the programme seeks to refurbish and modernise 14 existing buildings while improving the experience of the street itself by updating retail frontages and creating a more welcoming streetscape. In doing so, office rents have increased from circa £50 psf to over £115 psf and key medical occupier, the HCA, has extended its commitment to the locality to beyond 2050, reinforcing this area as being part of the Harley Street Health District.