Freehold hotel property fund the first to be listed in Thailand

A private equity fund has launched the first freehold hotel property on the stock exchange of Thailand.

Germing Frey, Hotels & Resorts PCC has launched the Luxury Real Estate Investment Fund (LUXF) as the first freehold hotel property fund on the stock exchange of Thailand (SET).

The Real Estate Investment Trust, investing in the five-star resort Six Senses Hideaway Yao Noi, for the first time enables foreigners who seek to have exposure to luxury hospitality real estate in Thailand with attractive tax exemptions.

"Germing Frey are the first to truly open up the treasure box of Thai beaches to foreign investors on a freehold basis and with lucrative tax exemptions. We always invest alongside with our investment partners: we put our money where our mouth is, says Jean Michel Germing, CEO Germing Frey.

Germing Frey is a specialized private equity fund and a developer of premium tropical hotels and resorts with accompanying residences in outstanding locations.

Owned by Swiss Management-Duo, Jean-Michel Germing and Dr. Markus A. Frey, the company offers further direct investments in luxury projects on exclusive beachfront properties:

The founders aim at achieving high and sustainable returns with hospitality developments. Current projects include the development of: