Bain Capital, a global private investment firm, and Omnam Group, a Europe-based hospitality real estate developer and investor, announced the sale of The Lake Como EDITION to Sansiri Capital, the asset fund of Sansiri Public Company Limited. The transaction is expected to close within several weeks, subject to customary closing conditions and third-party approvals. Financial terms were not disclosed.
The property sits on the shores of Cadenabbia opposite Bellagio, about one hour from Milan and Malpensa International Airport. Bain Capital and Omnam Group acquired the 19th-century palazzo in late 2021 under a fund managed by Kryalos SGR. Redevelopment began in April 2022, and the hotel opened in March 2026 as part of Marriott International’s EDITION Hotels portfolio. The renovation reduced the room count from nearly 300 to 148 rooms and suites and added a spa and wellness building along with a floating pool and beach club. The project achieved LEED Gold certification.
“Lake Como is a strong example of how we approach real estate investing in Europe,” said Ali Haroon, a partner and head of Europe real estate for Bain Capital. “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.”
“The Covid dislocation gave us a rare window to acquire exceptional properties in supply-constrained European leisure destinations, including Lake Como,” said Rafael Coste Campos, a partner of Bain Capital’s Europe real estate team. “Backed by conviction in the demand/supply imbalance and strong secular tailwinds, we bought at the point of maximum uncertainty and built a trophy asset at a favourable basis. Together with our partners at Omnam, we executed full-cycle: new operator, full repositioning, heavy capex, culminating in a record sale for the brand.”
“Bringing together Marriott’s EDITION brand and an exceptional group of partners has allowed us to realize that original vision and create an asset that is genuinely differentiated within the Lake Como market.” said Robert Mangan, an operating partner of Bain Capital.