Sansiri Capital Trophy Fund (Sansiri Capital) announced a milestone achieved through its strategic partnership with a leading bank, Bangkok Bank Public Company Limited (SET: BBL). With Bangkok Bank extending a €165 million (approximately THB 6,340 million) credit facility, the fund is now acquiring “The Lake Como EDITION,” a five-star ultra-luxury hotel on the shores of Lake Como, Italy.
This financial partnership underscores the confidence of a leading regional commercial bank in Sansiri Capital’s growth potential and expertise in alternative asset investments that drive enhanced value creation.
Chartsiri Sophonpanich, Executive Director and President of Bangkok Bank Public Company Limited, said, “Bangkok Bank is delighted to be part of this landmark deal. Committed to empowering high-potential partners, we have provided a credit facility for Sansiri Capital’s acquisition of The Lake Como EDITION in Italy. We have strong confidence in the management team, which possesses deep expertise in global investment and international hospitality.
Furthermore, this asset itself demonstrates exceptional strengths – as an operating asset with value-growth potential in a premier global destination highly coveted by ultra-luxury travelers. Our financial partnership therefore reinforces Bangkok Bank’s role as a leading regional commercial bank that stands by and supports its clients for their stable and sustainable business expansion at the global level.
Napat Thavisin, Managing Director of Sansiri Capital, said “We would like to thank Bangkok Bank for extending a credit facility for the acquisition of The Lake Como EDITION, a key strategic milestone that accelerates the growth of Sansiri Capital’s investment portfolio. Our strategic direction has also received clear validation from potential Asian investors for our fund, where we met with institutional investors and global partners at an international investment conference in Hong Kong. Investors expressed strong interest, reflecting that global capital markets are beginning to recognize the potential of hospitality assets in leading luxury destinations and global gateway cities, where demand continues to grow while supply remains structurally limited.”
Sansiri Capital, a private equity fund manager, maintains a strong, optimistic outlook on global tourism, particularly the ultra-luxury hospitality sector, which continues to present significant growth opportunities. Private equity remains a preferred investment vehicle among leading institutional investors worldwide with global investors increasing their allocations to this asset class.
“This strength, combined with the acquisition of The Lake Como EDITION— a world class trophy asset distinguished by its exclusive waterfront position, strong appeal to global Ultra-High Net Worth Individuals (UHNWIs), and barriers to new supply—creates an opportunity to generate high total returns through asset management. These factors will enhance our capability to maximize value enhancement and long-term returns for our investors, all while propelling Sansiri Capital toward becoming an esteemed Global Real Estate & Lifestyle Investment Platform,” Napat concluded.
Sansiri Capital pursues a proactive investment strategy focused on acquiring luxury and lifestyle hotels that have strong brand identity and long-term value-growth potential in global gateway cities and iconic destinations. Its key advantage lies in direct access to trophy asset deals through deeply cultivated relationships with owners, facilitated by global brand partners, as well as its highly experienced executives who have achieved success in both asset-light and asset-heavy models in building and managing world-class hotel chains.
