Srettha Congratulates Sansiri on Lake Como EDITION Hotel Deal
Former Prime Minister Srettha Thavisin announced on October 15 that Sansiri Capital successfully acquired the luxury Lake Como EDITION hotel in Italy.
Stock photo for illustration only, not from the actual event
- Former PM Srettha Thavisin shared the update via Facebook on October 15
- Sansiri Capital Trophy Fund successfully closed the hotel acquisition deal
- The property is located by Lake Como, Italy, in a rare prime location
- Aimed at creating long-term value and returns for investors
Former Prime Minister Srettha Thavisin took to his personal Facebook account on October 15 to announce a major milestone in the real estate sector, extending his congratulations on Sansiri's latest high-profile investment acquisition.
This update follows his previous disclosures regarding the rationale behind Sansiri's strategic investment in the Lake Como EDITION project through Sansiri Capital, situated in the world-renowned destination of Lake Como, Italy.
Stock photo for illustration only, not from the actual event
In his October 15 Facebook post, Srettha highlighted that scarce locations serve as the starting point for compelling investment opportunities. He confirmed that the acquisition of The Lake Como EDITION luxury hotel by the Sansiri Capital Trophy Fund was officially finalized that very day.
Sansiri's acquisition of a property around Lake Como represents a notable strategic move in the global real estate market. Due to stringent local regulations and strict limitations on developing new properties around the lake, existing hospitality assets function as rare commodities with strong potential for long-term appreciation. Utilizing the Sansiri Capital Trophy Fund structure allows the company to tap into high-end international markets and diversify its investment portfolio effectively.
The former prime minister elaborated that this world-class destination imposes strict limitations on new developments, making the acquired asset exceptionally unique and difficult to replicate in the current market.
Furthermore, Srettha expressed confidence in the team's capabilities, stating that leveraging Sansiri's extensive experience alongside proactive asset management by professional teams will mark a promising first step in generating added value and sustainable long-term returns for investors.
Source: Matichon Politics
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