FIH Group PLC today announced that it has exchanged contracts for the sale of its Leyton warehouse for £23 million, marking a significant milestone for the company and its property portfolio.

The asset sold is the Leyton warehouse, a modern 2.5-acre logistics estate that has historically supported operations of Momart, FIH’s renowned fine art logistics subsidiary. The transaction underscores strong investor demand and resilient valuations for well-located industrial assets in London.

FIH originally acquired the Leyton site in 2018 for approximately £19.4 million. The sale represents a notable uplift in value, reflecting both the quality of the asset and the strength of the London property market. In recent years, the Group has invested in renewable energy upgrades at the site, enhancing its appeal as a sustainable logistics hub.

The disposal aligns with FIH’s capital allocation strategy, unlocking funds for new investment opportunities or balance sheet strengthening. The transaction further demonstrates the Group’s disciplined approach to portfolio management and ability to deliver value from its property holdings.

FIH remains active across its diversified businesses in the UK and the Falkland Islands, including logistics, retail, and specialist services. The sale of the Leyton warehouse highlights the Group’s continued focus on long-term shareholder value creation and its ability to adapt to evolving market trends.