FIH Group (Falkland Islands Holdings) has exchanged on the acquisition of a 2.5 acre industrial estate in Leyton, east London that is home to its art handling subsidiary Momart for £19.4m from H Young & Co.
Located near the Queen Elizabeth Olympic Park, the site comprises of 100,000 sq ft of highly specified units of steel portal frame construction with profiled metal sheet cladding to house works of art. Momart supplies and stores art works for clients including the Royal Academy of Arts, Victoria & Albert Museum, National Gallery, Tate Modern, Tate Britain and Buckingham Palace.
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