Sansiri Capital set to acquire 100% ownership of the ultra-luxury Italian trophy asset, valued at more than €200 million

Sansiri establishes Sansiri Capital to acquire The Lake Como EDITION, a five-star ultra-luxury landmark on the shores of Lake Como, Italy, with the acquisition of 100% ownership of the trophy asset expected to close by September 2026.

Strategic focus on operating assets and immediate value creation, generating income from day one while eliminating development and construction risk, supported by premium margins and an ADR exceeding €1,500 per night in one of the world’s leading global luxury travel destinations.

Strengthening its world-class investment track record, building on The Manner SoHo, the luxury hotel in New York City’s SoHo district, with plans to continue expanding into leading global gateway cities and premier leisure destinations worldwide.

Sansiri Public Company Limited, one of Thailand’s leading ultra-luxury real estate developers, is strengthening its global investment strategy through Sansiri Capital, a strategic, world-class private equity investment platform focused on luxury hospitality and trophy assets. The platform is designed to generate attractive returns through recurring dividend income while supporting long-term, sustainable growth.

Sansiri has announced the signing of a Sale and Purchase Agreement (SPA) to acquire 100% ownership of The Lake Como EDITION, a five-star ultra-luxury landmark on the shores of Lake Como, Italy. The property represents a highly sought-after Ultra-Luxury Trophy Asset, with a total asset value of more than €200 million (approximately THB 8 billion). The transaction is being undertaken with leading global investment groups Bain Capital and Omnam Group, with completion of the 100% acquisition expected by the end of September 2026. The asset will begin contributing revenue to Sansiri Capital immediately following completion.

The acquisition represents a strategic move to secure an Ultra-Luxury Trophy Asset in one of Lake Como’s most prime and highly constrained waterfront locations. As one of the world’s premier global leisure destinations, Lake Como has extremely limited opportunities for new development, with waterfront land becoming increasingly scarce. This structural scarcity provides strong long-term fundamentals for capital appreciation.

The transaction is also designed to deliver attractive value creation through an established operating asset that has already undergone a comprehensive transformation and is fully operational. This significantly reduces construction and development risk while providing access to high-quality recurring cash flow.

The property’s early operating performance during the recent high season in July and August 2026 underscores its potential, with occupancy exceeding 70% and average daily rates (ADR) reaching more than €1,500 per night.

Napat Taweesin, President of International Operations, Sansiri Public Company Limited, and Managing Director of Sansiri Capital, said: “The acquisition of The Lake Como EDITION marks an important step for Sansiri as we develop a new S-Curve to enhance financial resilience and diversify our global luxury hospitality portfolio. Our strategy is focused on acquiring Ultra-Luxury Trophy Assets in gateway cities and global leisure destinations where demand is strong, but supply is structurally constrained.

“This represents a disciplined capital allocation strategy designed to maximise long-term value and returns for our shareholders.” He added: “Sansiri is reinforcing its world-class investment expertise and expanding its global track record, building on proven success in some of the world’s most competitive markets – from The Manner SoHo, our luxury hotel in the heart of New York’s SoHo district, to the value creation achieved through Standard International and its subsequent sale to Hyatt Hotels Corporation for a total consideration of US$355 million.

“These capabilities will now be applied to The Lake Como EDITION under Sansiri Capital, further diversifying our revenue streams across major international currencies.

“Looking ahead, Sansiri will continue to actively pursue investment opportunities in Luxury Trophy Assets across leading leisure destinations and key global gateway cities, with the ambition of establishing Sansiri as a fully integrated Global Real Estate & Lifestyle Investment Platform.”

The Lake Como EDITION: A New Luxury Landmark on Lake Como

The Lake Como EDITION is a five-star ultra-luxury hotel occupying a rare waterfront position in Cadenabbia, directly opposite Bellagio on the shores of Lake Como, Italy. The property is located approximately one hour from Milan and Milan Malpensa International Airport, offering convenient access to one of Europe’s most prestigious leisure destinations.

At the heart of the contemporary property is a 19th-century palazzo, which has been comprehensively reimagined to preserve its architectural heritage while introducing EDITION’s distinctive approach to modern luxury and contemporary hospitality.

The Lake Como EDITION opened in March 2026 under Marriott International, bringing a new dimension of contemporary luxury hospitality to one of Italy’s most iconic and sought-after destinations.

The hotel features an exclusive collection of five-star guest rooms and suites, including more than 300 rooms and 148 larger guest rooms and suites, complemented by a newly introduced spa and wellness offering. Guests can experience a curated portfolio of restaurants, bars and lifestyle spaces, alongside distinctive waterfront amenities including a floating pool and beach club, designed to immerse guests in the natural beauty and atmosphere of Lake Como.

The property brings together an international team of leading creative and hospitality specialists. Marriott International operates the hotel under the EDITION brand; globally renowned design studio Neri&Hu is responsible for the interior design; Michelin-starred chef Mauro Colagreco leads the signature culinary experience; while The Longevity Suite provides an integrated wellness programme focused on holistic health and longevity.

The hotel has also achieved LEED Gold certification, reinforcing its positioning as a new generation of luxury hospitality that brings together design excellence, service quality and environmental responsibility.

Through the acquisition of The Lake Como EDITION, Sansiri Capital is positioning itself at the intersection of global luxury real estate, hospitality and lifestyle investment, leveraging scarce trophy assets in high-demand destinations to build a more diversified and resilient international investment portfolio.