Paris, New York, and LondonJune 3, 2026 /PRNewswire/ — AMTD Group Company Limited (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD), and The Generation Essentials Group (“TGE”) (NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc. (collectively referred to as “AMTD”), jointly announce that AMTD IDEA Group has entered into a definitive agreement to acquire an office building located at 40 Furnival Street, London (Postcode: EC4A 1JQ), for a total actual consideration of approximately US$17 million (approximately £12 million). This acquisition is expected to be completed without the use of any external financing, including the previously announced AMTD IDEA Group term loan facility related to this transaction.
Strategically located, the property sits at the heart of Midtown, one of London’s most dynamic and sought-after business districts, less than 100 meters from Chancery Lane Underground Station and within walking distance of the Elizabeth Line interchange at Farringdon Station, one of London’s busiest transport hubs. The surrounding area boasts a rich variety of high-quality retail and leisure amenities, attracting an increasing number of internationally renowned enterprises.
The building has a total gross floor area of approximately 9,646 square feet (approximately 896.1 square meters), comprising Grade A office and ancillary spaces distributed across the basement, ground floor, and five upper floors, along with a fifth-floor rooftop terrace. Upon completion of the acquisition, the property is expected to serve as one of the global headquarters for AMTD, The Art Newspaper, and L’Officiel, further strengthening AMTD’s business and ecosystem in the UK and globally. The closing of this transaction is subject to customary closing conditions and is expected to be completed in the near future.
About AMTD Group
AMTD Group is a comprehensive conglomerate with core businesses spanning media and entertainment, education and training, and real estate investment and management.
About AMTD IDEA Group
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) is a diversified institutional and digital solutions group that builds bridges between enterprises and investors and global markets. Its comprehensive one-stop business and digital solutions platform meets the diverse and interconnected business and digital needs of different clients at various stages of their lifecycle. As an active “super-connector,” AMTD IDEA Group bridges clients, business partners, investee companies, and investors, connecting Eastern and Western markets. For more information, please visit www.amtdinc.com or follow @AMTDGroup on X (formerly “Twitter”).
About AMTD Digital Inc.
AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital platform covers key business segments including digital media, content and marketing services, investments, and hospitality and VIP services. For company announcements, please visit: https://ir.amtdigital.net/investor-news.
About The Generation Essentials Group
The Generation Essentials Group (NYSE: TGE; LSE: TGE) was jointly founded by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB), and AMTD Digital Inc. (NYSE: HKD), and is headquartered in France. With a global vision, TGE focuses on multimedia, entertainment and culture, and hospitality and VIP services, bringing together internationally renowned media brands such as L’Officiel and The Art Newspaper, along with film and entertainment projects, forming a diversified business matrix spanning media, entertainment, and hospitality. Additionally, TGE is a sponsor of special purpose acquisition companies (SPACs), with its first SPAC successfully priced and listed on December 18, 2025.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements can often be identified by words such as “will,” “expect,” “anticipate,” “target,” “future,” “intend,” “plan,” “believe,” “estimate,” “may,” and similar expressions. Statements other than historical facts, including statements regarding the beliefs, plans, and expectations of AMTD IDEA Group, AMTD Digital Inc., and/or The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. For more information on these and other risks, please refer to the filings of AMTD IDEA Group, AMTD Digital Inc., and The Generation Essentials Group with the U.S. Securities and Exchange Commission (SEC). The information contained in this press release is only as of the date hereof, and the aforementioned companies undertake no obligation to update any forward-looking statements, except as required under applicable law.
For inquiries, please contact: