Sansiri Fund Completes Lake Como Hotel Acquisition, Former Thai PM Says

A fund linked to Thai property developer Sansiri has completed its acquisition of The Lake Como EDITION, a hotel in Italy, former prime minister Srettha Thavisin said in a Facebook post on October 15. Khaosod and LINE Today both reported his statement.

The update follows an earlier account by Nation Thailand that Sansiri Capital planned to take full ownership of the waterfront hotel, with completion expected by the end of September. Srettha’s post confirms completion later than that reported target, though it does not give a closing date or purchase price.

Srettha described the property’s Lake Como location and limits on new development nearby as reasons he believes it could generate long-term returns. Those are his investment expectations; the reports of his post did not provide financial results for the fund or terms of the completed deal.