M&A
GII acquires majority stake in UK property investment platform LHX
October 1, 2026
Fintech
M&A
Key Facts
Signal Type
M&A
Industry
Fintech
Companies
Gulf Islamic Investments, London House Exchange, Better, Offa, Vision Bank
Date
October 1, 2026
Gulf Islamic Investments (GII) acquired a majority stake in London House Exchange (LHX), the UK FCA-regulated investment platform formerly known as Property Partner, for an undisclosed amount. The deal received FCA approval, and Better, the Nasdaq-listed fintech, retains a strategic minority stake. Trading on the platform is scheduled to resume on 5 October following a temporary pause linked to the ownership transition.
LHX leadership and its existing investor base are directly affected, as the platform will continue operating under existing regulatory protections with client funds and investments unchanged. GII, Better, and related entities such as Offa (Sharia-compliant home finance) and Vision Bank (digital Islamic bank) are also impacted. The acquisition strengthens GII's UK financial services footprint and adds a regulated investment platform to its portfolio.
The acquisition highlights a growing trend of Gulf-based financial institutions expanding into regulated Western markets. GII gains a regulated UK trading venue that complements its banking, home finance, and private credit operations. For LHX, the deal provides additional capital and strategic backing to diversify beyond its traditional property investment focus.
LHX intends to develop regulated tokenised investment products backed by real-world assets, as well as invest further in technology and platform capabilities. SDRs selling tokenization infrastructure, platform tech, or compliance tools should monitor LHX's upcoming technology investments and product launches as potential engagement triggers.
Source:
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