Bain Capital and Omnam Group announce the sale of the Lake Como Edition Hotel to Sansiri Capital

The transaction follows the landmark property’s March 2026 debut and marks the completion of the joint venture transformation of the Lake Como site into a five-star EDITION hotel

BANGKOK, THAILAND – Media OutReach Newswire – 9 September 2026 – Bain Capital, a leading global private investment firm, and Omnam Group, a Europe-based hospitality real estate developer and investor, recently announced the sale of The Lake Como EDITION to Sansiri Capital, the hospitality trophy asset fund of Sansiri Public Company Limited, a leading Thai real estate developer with more than 40 years of experience. The transaction marks the culmination of the partners' transformation of the landmark Lake Como property into one of Italy's most significant new luxury hospitality destinations. The transaction is expected to be completed in the next several weeks. Completion remains subject to customary closing conditions and required third-party approvals. Financial terms were not disclosed.

Set on the shores of Cadenabbia, the property occupies a rare waterfront position opposite Bellagio, with access to Milan and Malpensa International Airport in approximately one hour. The landmark 19th-century palazzo was acquired by Bain Capital and Omnam Group in late 2021. An extensive redevelopment began in April 2022, reimagining the historic property as The Lake Como EDITION. The hotel opened in March 2026, just under six months ago, as part of Marriott International's EDITION Hotels portfolio, introducing a new expression of contemporary luxury to one of Italy's most iconic destinations.

At acquisition, Bain Capital and Omnam identified an opportunity to create a new luxury hospitality offering in a market characterized by strong international demand, limited five-star supply and significant barriers to new lakeside development. Acquiring the property with vacant possession enabled the partners to undertake a comprehensive repositioning rather than an incremental refurbishment.

The sale reflects growing international investor interest in distinctive, experience-led European hospitality assets and marks Sansiri's strategic expansion into Europe's luxury hospitality sector through the Sansiri Capital fund, further strengthening its portfolio of trophy assets. For Bain Capital and Omnam Group, the transaction demonstrates the value created by combining real estate investment, development expertise and leading hospitality partners to reposition a complex asset.

The redevelopment substantially reconfigured the property, reducing the former hotel's room count from nearly 300 to 148 larger rooms and suites and creating a new spa and wellness building, alongside an extensive food and beverage and leisure offering. The transformation also incorporated the property's distinctive waterfront amenities, including its floating pool and beach club.

Ali Haroon, a Partner and Head of Europe Real Estate for Bain Capital, said:

"Lake Como is a strong example of how we approach real estate investing in Europe. We focus on sectors supported by long-term structural demand and opportunities where our capital, local relationships and hands-on capabilities can fundamentally transform an asset. Together with Omnam, we have taken a highly underinvested property in an irreplaceable location and created a contemporary luxury destination for the international market. This is exactly the type of complex, execution-led opportunity we seek across our Europe Real Estate strategy."

David Zisser, CEO and Founder of Omnam Group, said:

"The Lake Como EDITION has been an ambitious undertaking from the outset. Our vision was to take a remarkable historic property in one of the world's most iconic destinations and give it new relevance through architecture, design and hospitality, while remaining deeply connected to the character of Lake Como.

Together with Bain Capital and an exceptional group of partners, we have taken that vision from acquisition and development through to the opening of a landmark new hotel. We are immensely proud of what has been created. The completion of this transaction is a significant milestone for Omnam and a testament to the strength of our development approach, while marking the beginning of an exciting new chapter for The Lake Como EDITION."

The sale of The Lake Como EDITION marks the latest chapter in Omnam Group's expanding presence across Europe, where an ambitious pipeline of projects is currently underway in Florence, Venice, Puglia and Sicily — each reimagining distinctive properties into internationally relevant lifestyle destinations.

The acquisition also marks a significant international investment for Sansiri Public Company Limited, bringing one of Lake Como's newest luxury hospitality assets into its trophy-asset portfolio through Sansiri Capital, the hospitality trophy-asset investment arm.

Napat Thavisin, President of International Operations, Sansiri Public Company Limited and Managing Director of Sansiri Capital, said:

"The acquisition of The Lake Como EDITION marks a significant milestone in advancing Sansiri's New S-Curve strategy. It strengthens our financial resilience and diversifies risk across our global hospitality portfolio. We remain focused on ultra-luxury trophy assets in gateway cities and high-demand leisure destinations—markets characterised by robust demand and inherently constrained supply. This disciplined capital-allocation approach is designed to maximise long-term shareholder value.

As Thailand's No.1 most trusted luxury real estate developer, with 40 year of experience, Sansiri brings a proven record in global markets from The Manner SoHo, New York to the growth of Standard International prior to its acquisition by Hyatt Hotels Corporation. Leveraging this expertise, we look forward to stewarding this exceptional investment in The Lake Como EDITION under Sansiri Capital's ownership, in collaboration with Marriott International, which will continue to operate the hotel, while further diversifying our revenue streams across major global currencies. Looking ahead, Sansiri will actively pursue trophy-asset investments in premier leisure and gateway destinations worldwide, reinforcing our position as a fully integrated global real estate and lifestyle investment platform."

Hashtag: #Sansiri

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The Lake Como EDITION

Penthouse

The Pool

The Lake Como EDITION

MILAN, ITALY – Media OutReach Newswire – 25 October 2026 – On October 20, 2026, FAWCAR held a new-model launch event in Milan, officially announcing its entry into the Italian market. Five SUV models were launched simultaneously, with official prices ranging from €26,998.00 to €38,998.00. FAWCAR Chairman Liu Zhongchen; Yang Xiaofeng, FAWCAR Vice President and Chairman of FAWCAR International Co., Ltd.; local partners, media representatives and vehicle owners attended the event to witness this milestone moment.

FAWCAR Officially Enters the Italian Market with Five SUVs

Deepening Local Demand, Precisely Adapting Products

FAWCAR Chairman Liu Zhongchen said Italy is one of Europe's most promising core automotive markets, and FAWCAR highly values its uniqueness and potential. To meet diversified local mobility needs, FAWCAR introduced two product matrices—BESTUNE and JOYEE—with five SUVs covering ICE, BEV and PHEV.

The ICE lineup covers diverse needs: BESTUNE T77, compact and practical, suits urban commuting and daily family use; BESTUNE T90, with generous space, meets long-distance family trips and intercity travel; BESTUNE B70S, with sporty styling and robust power, targets young buyers who value handling and design.

The new-energy models offer varied urban and long-distance solutions: JOYEE S04, a battery-electric SUV for urban commuting, leverages restricted-zone access and low energy consumption to address urban mobility pain points; JOYEE S08, a plug-in hybrid SUV with long range and strong power, handles mountain terrain and serves all-scenario family journeys.

Building a Professional Sales and Service Network

Local strategic partner BENTU-CHINACAR aims to build a nationwide, robust and professional sales and service network. By 2026, it plans 70 sales outlets and 100 service outlets; by 2027, 110 and 160; and by 2028, 130 and 180. All dealers and franchised stores will provide after-sales support. A central warehouse plus a Prato auxiliary warehouse will ensure efficient parts supply, bridging the last mile of service and supporting long-term worry-free use.

FAW has developed over 70 years, with cumulative production and sales exceeding 65 million vehicles. This launch marks FAWCAR's official rooting in Italy. In the future, FAWCAR will work with local partners to continuously expand its sales and service network and empower every user with high-quality mobility solutions.

Hashtag: #FAWCAR #ITALY #SUVs

The issuer is solely responsible for the content of this announcement.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **