AMTD Digital's subsidiary TGE in Exclusive Negotiations to Acquire a New York Hotel
AMTD Digital (NYSE:HKD) subsidiary The Generation Essentials Group (TGE) is the exclusive bidder to acquire a New York City hotel with at least 150 rooms, >5,000 sq ft of F&B retail space, a rooftop and amenities.
Parties are in exclusive negotiations aiming for a end‑of‑2025 closing and a definitive purchase agreement; the deal remains subject to conditions in the final agreements.
AMTD currently operates 366 rooms (98-room iclub AMTD Sheung Wan; 268-room Dao by Dorsett AMTD Singapore). If the New York and previously announced London (68 rooms) deals complete, the portfolio could rise by 219 rooms to 585 rooms, a ~59.84% increase.
AMTD Digital (NYSE:HKD) la controllata The Generation Essentials Group (TGE) è l'unico offerente per acquisire un hotel a New York City con almeno 150 camere, 5.000 sq ft di spazio al dettaglio F&B, una terrazza sul tetto e servizi.
Le parti sono in negoziazioni esclusive miranti a una chiusura entro fine 2025 e a un accordo definitivo di acquisto; l'accordo resta soggetto a condizioni nei contratti finali.
AMTD gestisce attualmente 366 camere (98 camere iclub AMTD Sheung Wan; 268 camere Dao by Dorsett AMTD Singapore). Se gli accordi di New York e quelli annunciati in precedenza per Londra (68 camere) si concluderanno, il portafoglio potrebbe aumentare di 219 camere fino a 585 camere, un aumento di ≈59,84%.
AMTD Digital (NYSE:HKD) la subsidiaria The Generation Essentials Group (TGE) es la oferente exclusiva para adquirir un hotel en la ciudad de Nueva York con al menos 150 habitaciones, 5.000 sq ft de espacio minorista de F&B, una azotea y servicios.
Las partes están en negociaciones exclusivas apuntando a un cierre a finales de 2025 y a un acuerdo definitivo de compra; el trato sigue sujeto a condiciones en los acuerdos finales.
AMTD opera actualmente 366 habitaciones (98 habitaciones iclub AMTD Sheung Wan; 268 habitaciones Dao by Dorsett AMTD Singapore). Si se completan los acuerdos de Nueva York y los anunciados anteriormente de Londres (68 habitaciones), la cartera podría aumentar en 219 habitaciones para un total de 585 habitaciones, un incremento de aproximadamente 59,84%.
AMTD Digital (NYSE:HKD)의 자회사 The Generation Essentials Group (TGE)은 최소 150실, 5,000 sq ft의 F&B 소매 공간, 옥상 및 편의시설을 갖춘 뉴욕시 호텔 인수를 위한 독점 입찰자입니다.
당사자들은 독점 협상을 진행 중이며 2025년 말까지의 마감 및 확정 매매계약을 목표로 하고 있습니다; 거래는 최종 계약서의 조건에 따릅니다.
현재 AMTD는 366실을 운영 중입니다(98실 iclub AMTD Sheung Wan; 268실 Dao by Dorsett AMTD Singapore). 뉴욕 거래와 이미 발표된 런던(68실) 거래가 성사되면 포트폴리오는 219실 늘어나 585실이 될 수 있으며, 이는 약 59.84%의 증가입니다.
AMTD Digital (NYSE:HKD) est la société fille The Generation Essentials Group (TGE) et est l'acheteur exclusif d'un hôtel à New York avec au moins 150 chambres, 5 000 sq ft d'espace de vente au détail F&B, une terrasse et des services.
Les parties sont en négociations exclusives en vue d'une clôture fin 2025 et d'un accord d'achat définitif; la transaction reste soumise à des conditions dans les accords finaux.
AMTD exploite actuellement 366 chambres (98 chambres iclub AMTD Sheung Wan; 268 chambres Dao by Dorsett AMTD Singapore). Si les accords de New York et celui de Londres annoncé précédemment (68 chambres) se concrétisent, le portefeuille pourrait augmenter de 219 chambres pour atteindre 585 chambres, soit une hausse d'environ 59,84%.
AMTD Digital (NYSE:HKD) Tochtergesellschaft The Generation Essentials Group (TGE) ist der exklusive Bieter für den Erwerb eines Hotels in New York City mit mindestens 150 Zimmern, 5.000 sq ft F&B-Einzelhandelsfläche, eine Dachterrasse und Annehmlichkeiten.
Die Parteien befinden sich in exklusiven Verhandlungen mit dem Ziel eines Abschlusses Ende 2025 und eines endgültigen Kaufvertrags; der Deal bleibt vorbehaltlich Bedingungen in den finalen Vereinbarungen.
AMTD betreibt derzeit 366 Zimmer (98-Zimmer iclub AMTD Sheung Wan; 268-Zimmer Dao by Dorsett AMTD Singapore). Sollten der New Yorker Deal und der zuvor angekündigte Londoner Deal (68 Zimmer) abgeschlossen werden, könnte das Portfolio um 219 Zimmer auf 585 Zimmer anwachsen, eine Steigerung von ca. 59,84%.
AMTD Digital (NYSE:HKD) التابعة The Generation Essentials Group (TGE) هي المزايد الحصرية لشراء فندق في مدينة نيويورك يضم ما لا يقل عن 150 غرفة، ومساحة بيع بالتجزئة من 5.000 sq ft من مطاعم ومأكولات ومشروبات، وخط سطحي وحدائق ومرافق.
الطرفان في مفاوضات حصرية بهدف الإغلاق بنهاية 2025 واتفاق شراء نهائي؛ الصفقة لا تزال خاضعة لشروط في الاتفاقيات النهائية.
تدير AMTD حاليًا 366 غرفة (98 غرفة iclub AMTD Sheung Wan؛ 268 غرفة Dao by Dorsett AMTD Singapore). إذا اكتمل صفقا نيويورك والصفقة المعلنة سابقًا في لندن (68 غرفة)، فقد يرتفع المحفظة بمقدار 219 غرفة إلى 585 غرفة، زيادة تقارب 59.84%.
- TGE is the exclusive bidder for a New York hotel
- Target property contains at least 150 rooms
- 5,000+ sq ft of retail F&B space included
- Portfolio could increase by 219 rooms to 585 rooms
- Potential portfolio growth of ~59.84%
- Acquisition is in exclusive negotiation stage, not yet definitive
- Transaction completion is subject to conditions in final agreements
- Target closing is only planned for end‑2025, creating timing risk
This
The relevant parties are currently in exclusive negotiation stage and are working towards a definitive purchase agreement, with a target closing date set for the end of 2025. The proposed acquisition will be subject to the satisfaction of various conditions to be set forth in the definitive agreements.
Today, AMTD's hotel portfolio includes 366 rooms, comprising the iclub AMTD Sheung Wan Hotel in
Assuming the
About AMTD Group
AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.
About AMTD IDEA Group
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients' diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as "Twitter") at @AMTDGroup.
About AMTD Digital Inc.
AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in
About The Generation Essentials Group
The Generation Essentials Group (NYSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the
For more information, please contact:
For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com
For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.net
For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: tge@amtd.world
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SOURCE AMTD IDEA Group; AMTD Digital; The Generation Essentials Group
FAQ
What New York asset is TGE (NYSE:TGE) negotiating to acquire on Nov 3, 2025?
How would the New York hotel affect AMTD Digital (NYSE:HKD) room count if completed?
What is the expected closing timeline for the TGE New York hotel acquisition?
Is the TGE acquisition of the New York hotel finalized as of Nov 3, 2025?
How many rooms does AMTD's hotel portfolio include before the potential acquisition?
