PARIS and NEW YORK and LONDON, May 29, 2026 /PRNewswire/ -- AMTD Group Inc. ("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, "AMTD") jointly announce the successful completion of TGE's acquisition of 50% interests in The Ritz-Carlton, Perth, Australia, for a total consideration of US$72 million (A$100 million), with the property valued at US$201 million (A$280 million).
Located in Perth, the vibrant capital of Western Australia, The Ritz-Carlton, Perth is the centrepiece of the Elizabeth Quay development on Perth's waterfront. Perched on the edge of the Swan River, the hotel offers unobstructed views of the river, the city skyline, and surrounding urban parks through floor-to-ceiling windows. This irreplaceable location underpins the property's compelling long-term appreciation potential.
