GII Takes Majority Stake in London House ExchangeWhat the change of ownership means for property investors — and what is still only planned

Gulf Islamic Investments (GII) acquired a majority stake in London House Exchange (LHX) on 30 September 2026, following Financial Conduct Authority (FCA) approval of the change in control. Better Home & Finance Holding Company, which acquired the platform when it was known as Property Partner, retains a strategic minority stake. The purchase price was not disclosed.

The transaction changes who controls the platform, not the identity of its operator: London House Exchange Limited remains the same UK company, authorised under FCA firm reference number 613499. LHX operates a regulated multilateral trading facility (MTF) for fractional shares in UK property and has offered property-backed debt. See its directory profile for the current product and risk picture.

According to LHX’s 30 September announcement and its client FAQ, existing investments, shareholdings, client-money arrangements and fees do not change as a result of the ownership transfer. LHX says clients do not need to take action. The company remains authorised by the FCA under the same permissions.

LHX paused trading to allow clients time to review the announcement and said it would resume at 11:00 on Monday 5 October 2026. That was its scheduled restart, not an independently verified report that trading has resumed. The ownership change does not guarantee an exit for any existing property holding: orders on the exchange still depend on counterparties and the price buyers will pay. FCA oversight is not a guarantee of investment returns or protection against investment losses.

GII plans to broaden LHX beyond UK property into private credit and Shari’ah-compliant income-generating investments. It also describes potential access to selected opportunities alongside GII, from property to IPO-related investments, and exploration of regulated tokenisation of real-world assets. GII’s transaction announcement frames its ambition as an equity-linked originate-to-distribute model: originating investment opportunities and distributing exposure through a regulated venue, rather than merely holding them on its own balance sheet.

Those are strategic intentions, not products currently available to LHX clients. The LHX FAQ says new products would arrive progressively over months and years, subject to relevant approvals. UK property remains part of the existing offering. Investors should check each future product’s structure, fees, eligibility, Shari’ah-compliance disclosures and exit arrangements when terms are published, rather than infer them from the acquisition announcement.

If GII-originated investments are offered on a GII-controlled venue, the relationship between originator and distributor will matter. LHX says such relationships will be disclosed and that offerings will go through its product-governance, due-diligence and approval processes. Those safeguards need to be assessed against the actual documents for each offer; the announcement alone cannot establish how any future investment will perform or trade.

For existing investors, the immediate change is ownership. For prospective investors, the central question is whether any new product’s economics and liquidity differ materially from LHX’s established property investments.